October 22, 2016

MTECHTIPS MCX 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 . In last few days lot of positive accumulation happened in the Natural gas Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Position ally Support for the Natural gas is 204-202-199-191-189-184-. Immediate resistance for Natural gas is 220
Short term and Intranet 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 213 The Natural gas is now trading in highly overbought level. The oscillator is showing SELL signal
Intranet Trend- Buy is advised above 217.2 with a stop at 213 Below 211.8 go for sell with stop at 216.1


Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.