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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 29-03-2017
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 but has moved past its recent high. 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 201-197-192-.Resistance for the Naturalgas is 214-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position Naturalgas has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 211.8 with stop at 195.5 The Naturalgas is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 211.8 with a stop at 204.4 Below 202.2 go for sell and put stop at 209.6
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