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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 28-02-2017

Monday, February 27, 2017 23:43
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 28-02-2017

 

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 . In last few days volume based selling happened in the Naturalgas 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 BUY signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 168.Resistance for the Naturalgas is 187-194-203-216-220-221-

Short term and Intraday Level of NATURALGAS

 

Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways so short term investor better to buy only above 188.6 with stop at 169.0 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 183.5 with a stop at 177.6 Below 175.9 go for sell

WWW.MTECHTIPS.COM

 

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