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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 22-03-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is moving sideways The oscillator is on SELL signal and Naturalgas is coming down from overbought level .In last 3 weeks Naturalgas is trading in low volatality Buy the Naturalgas above 205 or buy with strict stop at 182. The oscillator is on SELL signal and Naturalgas is coming down from overbought level For short term Naturalgas is in HOLD SHORT position.Positionally Support for the Naturalgas is 196-193-190-.Resistance for the Naturalgas is 206-214-217-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position Naturalgas is in sideways and sellers was at high so for short term better buy above 204.1 or hold with stop at 189.0 The next resistance will be at 202.8 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 204.1 with a stop at 198.9 Below 197.5 go for sell and put stop at 202.7
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