MTECHTIPS MCX NATURAL GAS INTRADAY trading tips 19-09-2016
MTECHTIPS Natural gas is in perfect uptrend .Currently Natural gas is moving sideways The oscillator is showing BUY signal .In last 3 weeks Natural gas is trading in low volatality and fresh Buy can be considered in the Natural gas if it close above200 or buy with strict stop at 177. The oscillator is showing BUY signal For short term Natural gas is in HOLD LONG position.Positionally Support for the Natural gas is 189-188-185-184-182-172-. Immediate resistance for Natural gas is 200 .
Short term and Intraday Level of NATURAL GAS
Currently Natural gas is in HOLD LONG position In short term Natural gas is in strong up trend so hold with stop at 192 The Natural gas is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 200.2 with a stop at 193.5 Below 191.6 go for sell with a stop at 198.3.