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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 26-10-2016

Tuesday, October 25, 2016 22:44
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 26-10-2016

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MTECHTIPS Naturalgas is bearish for medium-long term.Currently Naturalgas is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Naturalgas is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Naturalgas is 183.Resistance for the Naturalgas is 191-193-198-206-210-211-

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 202.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing SELL signal

Intraday Trend- Sell if open below 184 or sell below 181.7 with stop loss at 189.4 Buy if open above 189.4 or buy above 191.7 with stop loss at 184

WWW.MTECHTIPS.COM

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