MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-02-2017
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 202.Resistance for the Naturalgas is 217-219-221-223-225-234-
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 213.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 209.3 with a stop at 204 Below 202.5 go for sell and put stop at 207.8
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