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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-02-2017

Thursday, February 16, 2017 23:35
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-02-2017

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MTECHTIPS   Natural gas is bearish for medium-long term .Currently Natural gas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Natural gas is now trading in oversold level. The Natural gas is now trading in oversold level. The oscillator is showing SELL signal For short term Natural gas is in SELL position. Positionally Immediate support for Natural gas is 190.Resistance for the Natural gas is 204-209-217-218-221-228-

Short term and Intraday Level of NATURALGAS

Currently Natural gas is in HOLD SHORT position The Natural gas is in downtrend For short term buy only if close above 199.0 The Natural gas is now trading in highly oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 196.7 with a stop at 190.7 Below 188.9 go for sell

WWW.MTECHTIPS.COM

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