MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-10-2016
MTECHTIPS MCX Naturalgas is in long- medium- short-medium- term bull phase .Currently Naturalgas is moving sideways The oscillator is on SELL signal and Naturalgas is coming down from overbought level and has moved down its previous low. 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 193-188-187-178-.Resistance for the Naturalgas is 199-200-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position Naturalgas has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below190.5 Buy if above 205.6 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 197.5 with a stop at 192.1 Below 190.5 go for sell.