December 8, 2016

MTECHTIPS MCX NATURAL GAS INTRADAY trading tips 21-09-2016
MTECHTIPS Natural gas is in perfect uptrend .Currently Natural gas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Natural gas is in HOLD LONG position. Position ally Support for the Natural gas is 192-190-188-185-184-173-. Immediate resistance for Natural gas is 205.
Short term and Intraday Level of NATURALGAS
Currently Natural gas is in HOLD LONG position Natural gas has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 208.9 with stop at 190.0 The Natural gas is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 208.9 with a stop at 200.8 Below 198.4 go for sell and put stop at 206.4.
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