MTECHTIPS MCX NATURALGAS INTRADAY trading tips 16-04-2019
MTECHTIPS MCX NATURALGAS INTRADAY trading tips 16-04-2019
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 Immediate support for Naturalgas is 180.Resistance for the Naturalgas is 186-188-191-193-201-225- 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 186.0 The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 183.6 with a stop at 179.7 Below 178.6 go for sell
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