MTECHTIPS MCX NATURAL GAS INTRADAY trading tips 20-09-2016
MTECHTIPS Natural gas is in perfect uptrend .Currently Natural gas is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Natural gas is in HOLD LONG position. Position ally Support for the Natural gas is 190-189-187-185-183-173-. Immediate resistance for Natural gas is 200
Short term and Intraday Level of NATURALGAS
Currently Natural gas is in HOLD SHORT position Natural gas is in sideways so for short term better buy above 199.3 with stop at 190.0 The Natural gas is now trading is approaching overbought level. The oscillator is on SELL signal and Natural gas is coming down from overbought level
Intraday Trend- Buy is advised above 199.5 with a stop at 193.3 below 191.5 go for sell.