MTECHTIPS MCX NATURALGAS INTRADAY trading tips 05-01-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 05-01-2017
MTECHTIPS Naturalgas is in long- medium- term bull phase .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 SELL signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 219-214-208-.Resistance for the Naturalgas is 243-248-
Short term and Intraday Level of NATURALGAS
Last few days Naturalgas is moving down and the trend looks weakCurrently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 244.0 The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Sell if open below 218.2 with stop loss at 224 or sell below 215.7 Buy only above 226.5
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