MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-10-2016
MTECHTIPS MCX Naturalgas is in perfect uptrend .Currently Naturalgas is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Naturalgas is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Naturalgas is 198-194-189-188-180-. Immediate resistance for Naturalgas is 206
Short term and Intraday Level of NATURALGAS
Naturalgas closed above 1 week high with volume signals up breakoutCurrently Naturalgas is in HOLD LONG position Naturalgas has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 207.7 with stop at 191.6 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 207.7 with a stop at 201.8 Below 200.1 go for sell and put stop at 206.