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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 20-03-2017

Sunday, March 19, 2017 23:42
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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 20-03-2017

 

MTECHTIPS   Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Naturalgas is 191-189-.Resistance for the Naturalgas is 197-206-214-218-

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 195.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 196.4 with a stop at 191.6 Below 190.2 go for sell and put stop at 195

WWW.MTECHTIPS.COM

 

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