August 18, 2017

MTECHTIPS

MTECHTIPS:Buy MCX Natural Gas Jan fut around Rs 190

MCX Natural Gas January futures has given a break out through the “running triangular” pattern, which has formed in right shoulder of failing H & S pattern in intraday charts. As per technical norms failure pattern are stronger then the regular patterns. The huge volume participation during the breakout has helped the price to set the bias on upper side and further rally will continue towards 61.8% Fibonacci level of 197.50 and on break of the same it can extend up to 205 levels.The Daily RSI & MACD both are pointing in positive territory.

WWW.MTECHTIPS.COM
07489294118/119

Mtech

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.