MTECHTIPS MCX NATURALGAS INTRADAY trading tips 06-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 06-02-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Naturalgas is in HOLD SHORT position.Positionally Immediate support for Naturalgas is 204.Resistance for the Naturalgas is 217-220-221-224-226-234-
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 217.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Sell if open below 203 with stop loss at 209.4 or sell below 200.2 Buy only above 212.2
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