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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 13-02-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 201.Resistance for the Naturalgas is 212-217-218-221-232-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways so short term investor better to buy only above 213.4 or hold with stop at 201.5 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 208.8 with a stop at 201.6 Below 199.4 go for sell
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