MTECHTIPS Mcx Naturalgas is in perfect uptrend .Currently Naturalgas is in
MTECHTIPS Mcx Naturalgas is in perfect uptrend .Currently Naturalgas is in
strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Support for the Naturalgas is 238-235-229-211-208-202-. Immediate resistance for Naturalgas is 256
Short term and Intraday Level of NATURALGAS
Naturalgas closed above 1 week high with volume signals up breakoutCurrently Naturalgas is in HOLD LONG position Naturalgas is in sideways and sellers was at high so for short term better buy above 245.7 or hold with stop at 221.1 The next resistance will be at 246.3 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 245.7 with a stop at 238 Below 235.7 go for sell and put stop at 243.4
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