MTECHTIPS MCX NATURALGAS INTRADAY trading tips 04-10-2016
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 .In last 1 month volatality is very less Buy the Naturalgas above 209 or buy with strict stop at 189. 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 193-188-187-179-.Resistance for the Naturalgas is 199-200-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 199.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 197.5 with a stop at 193 Below 191.7 go for sell and put stop at 196.2.