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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-02-2017

Tuesday, February 7, 2017 0:08
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-02-2017

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MTECHTIPS   Natural gas is bearish for medium-long term .Currently Natural gas is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Natural gas is in HOLD SHORT position. Positionally Immediate support for Natural gas is 202.Resistance for the Natural gas is 217-219-221-223-225-234-

Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 213.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 209.3 with a stop at 204 Below 202.5 go for sell and put stop at 207.8

WWW.MTECHTIPS.COM

 

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