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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 22-02-2017

Tuesday, February 21, 2017 23:55
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 22-02-2017

 

MTECHTIPS   Naturalgas is bearish for medium-long term .Currently Naturalgas 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 Naturalgas is now trading in oversold level. The Naturalgas is now trading in oversold level. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 171.Resistance for the Naturalgas is 197-202-211-217-221-224-

Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in SELL position The Naturalgas is in downtrend For short term buy only if close above 190.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing SELL signal

Intraday Trend- Sell if open below 168.1 with stop loss at 176.9 or sell below 164 Buy only above 181

WWW.MTECHTIPS.COM

 

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