MTECHTIPS MCX NATURALGAS INTRADAY trading tips 23-11-2016
MTECHTIPS MCX Naturalgas is in perfect uptrend .Currently Naturalgas is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note 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 198-193-192-191-187-186-. Immediate resistance for Naturalgas is 207
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 193 The Naturalgas is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 208.4 with a stop at 201.9 Below 200 go for sell with a stop at 206.5
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