MTECHTIPS MCX NATURALGAS INTRADAY trading tips 24-01-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 24-01-2017

MTECHTIPS Mcx Naturalgas is moving sideways The oscillator is on BUY Signal and Naturalgas is recovering from oversold level .In last 3 weeks Naturalgas is trading in low volatality and fresh Buy can be considered in the Naturalgas if it close above250 or buy with strict stop at 211. The oscillator is on BUY Signal and Naturalgas is recovering from oversold level For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 218-213-.Resistance for the Naturalgas is 227-229-231-236-

Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 227.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 224.6 with a stop at 217.8 Below 215.8 go for sell and put stop at 222.6

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