MTECHTIPS MCX NATURALGAS INTRADAY trading tips 29-12-2016

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 29-12-2016
MTECHTIPS Mcx 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 241-238-215-211-205-. Immediate resistance for Naturalgas is 263
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 250 The Naturalgas is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- is in intraday buy level better buy above 265.4 or in low buy above 258.2 Target is 268.4 next 273.5 Below 255.2 trend reversal can occur so keep long stop at 255.2
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