MTECHTIPS MCX NATURALGAS INTRADAY trading tips 21-11-2016
MTECHTIPS MCX Naturalgas is in long- short-medium- short- term bull phase .Currently Naturalgas is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 193-191-186-183-.Resistance for the Naturalgas is 200-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position In short term Naturalgas is in strong up trend so hold with stop at 183 The Naturalgas is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- is in intraday buy level better buy above 197 or in low buy above 190.3 Target is 199.9 next 204.8 Below 187.3 trend reversal can occur so keep long stop at 187.3.