MTECHTIPS MCX NATURAL GAS INTRADAY trading tips 30-09-2016
MTECHTIPS MCX Natural gas is in long- medium- short-medium- short- term bull phase .Currently Natural gas is moving sideways The oscillator is on SELL signal and Natural gas is coming down from overbought level .In last 1 month volatility is very less and fresh Buy can be considered in the Natural gas if it close above 209 or buy with strict stop at 185. The oscillator is on SELL signal and Natural gas is coming down from overbought level For short term Natural gas is in HOLD LONG position. Position ally Support for the Natural gas is 197-193-187-186-178-.Resistance for the Natural gas is 201-
Short term and Intraday Level of NATURALGAS
Currently Natural gas is in HOLD LONG position Natural gas is in profit booking mode so either sell of or keep stop at199 so better sell and enter at lower level The oscillator is showing BUY signal.