MTECHTIPS MCX NATURALGAS INTRADAY trading tips 20-01-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 20-01-2017
MTECHTIPS Natural gas is in long- medium- term bull phase .Currently Natural gas is moving sideways The oscillator is showing BUY signal .In last 5 days volatility is very less and fresh Buy can be considered in the Natural gas if it close above 240 or buy with strict stop at 221. The oscillator is showing BUY signal For short term Natural gas is in HOLD LONG position.Positionally Support for the Natural gas is 227-226-218-212-.Resistance for the Natural gas is 236-
Short term and Intraday Level of NATURALGAS

Currently Natural gas is in HOLD SHORT position Natural gas is in sideways so for short term better buy above 233.8 or hold with stop at 222.0 The next resistance will be at 239.3 The oscillator is showing SELL signal
Intraday Trend- Buy above 233.8 and keep stop below 227.2 Target is 236.6 next 241.3 Below 224.4 trend reversal can occur and next level is 219.8
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