MTECHTIPS MCX NATURALGAS INTRADAY trading tips 28-11-2016
MTECHTIPS MCX Naturalgas is in perfect uptrend .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Naturalgas is 199-198-195-193-192-191-. Immediate resistance for Naturalgas is 222
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 208 The Naturalgas is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 228.1 with a stop at 216.3 Below 212.7 go for sell with a stop at 224.5.