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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 27-03-2017
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 and fresh Buy can be considered in the Naturalgas if it close above205 or buy with strict stop at 187. The oscillator is on SELL signal and Naturalgas is coming down from overbought level For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 196-190-.Resistance for the Naturalgas is 204-214-215-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways with low volatality so short term investor better to buy if close above 202.8 close below 190.1 sell will happen. The Naturalgas is now trading is approaching overbought level. The oscillator is on SELL signal and Naturalgas is coming down from overbought level
Intraday Trend-Intraday better to buy above 205 and Sell if below195.6
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