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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-03-2017

Monday, March 6, 2017 23:29
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-03-2017

 

MTECHTIPS   Natural gas is bearish for medium-long term .Currently Natural gas is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Natural gas is in HOLD LONG position.Positionally Support for the Natural gas is 195-186-183-.Resistance for the Natural gas is 215-221-

Short term and Intraday Level of NATURALGAS

Currently Natural gas is in HOLD LONG position In short term Natural gas is in strong up trend so hold with stop at 186 The Natural gas is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- is in intraday buy level better buy above 199.9 or in low buy above 193.3 Target is 202.9 next 207.7 Below 190.4 trend reversal can occur so keep long stop at 190.4

WWW.MTECHTIPS.COM

 

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