MTECHTIPS MCX NATURALGAS INTRADAY trading tips 15-01-2019
MTECHTIPS MCX NATURALGAS INTRADAY trading tips 15-01-2019
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend and the trend is supported with good volume 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 BUY signal For short term Naturalgas is in HOLD SHORT position.Positionally Support for the Naturalgas is 209-.Resistance for the Naturalgas is 225-248-253-262-275- Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 214 The Naturalgas is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- is in intraday buy level better buy above 259.1 or in low buy above 237.3 Target is 269.5 next 286.7 Below 227 trend reversal can occur so keep long stop at 227
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