MTECHTIPS MCX NATURALGAS INTRADAY trading tips 20-01-2017
MTECHTIPS MCX NATURALGAS INTRADAY trading tips 20-01-2017
MTECHTIPS Naturalgas is in long- medium- term bull phase .Currently Naturalgas is moving sideways The oscillator is showing BUY signal .In last 5 days volatality is very less and fresh Buy can be considered in the Naturalgas if it close above240 or buy with strict stop at 221. The oscillator is showing BUY signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 227-226-218-212-.Resistance for the Naturalgas is 236-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position Naturalgas is in sideways so for short term better buy above 233.8 or hold with stop at 222.0 The next resistance will be at 239.3 The oscillator is showing SELL signal
Intraday Trend- Buy above 233.8 and keep stop below 227.2 Target is 236.6 next 241.3 Below 224.4 trend reversal can occur and next level is 219.8
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