MTECHTIPS MCX NATURALGAS INTRADAY trading tips 16-11-2016
MTECHTIPS MCX Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Support for the Naturalgas is 183-.Resistance for the Naturalgas is 191-193-195-198-200-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 180 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 190.6 with a stop at 184.7 Below 183 go for sell with stop at 188.9.