MTECHTIPS MCX NATURALGAS INTRADAY trading tips 02-01-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 02-01-2017
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 245-242-241-217-213-206-. Immediate resistance for Naturalgas is 265
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 253 The Naturalgas is now trading is approaching overbought level. The oscillator is on SELL signal and Naturalgas is coming down from overbought level
Intraday Trend- Buy is advised above 257.6 with a stop at 249 Below 246.4 go for sell with stop at 255.1
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