MTECHTIPS MCX NATURALGAS INTRADAY trading tips 22-09-2016
MTECHTIPS Naturalgas is in perfect uptrend .Currently Naturalgas 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 Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 195-191-189-185-184-174-. Immediate resistance for Naturalgas is 209
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 198 The Naturalgas is now trading is approaching overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 206.9 with a stop at 202.4 Below 201.1 go for sell with stop at 205.6.