MTECHTIPS MCX NATURALGAS INTRADAY trading tips 16-02-2018
MTECHTIPS 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 161.Resistance for the Naturalgas is 173-182-186-191- 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 169.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 167.7 with a stop at 162.6 Below 161.1 go for sell
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