MTECHTIPS MCX NATURALGAS INTRADAY trading tips 27-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 27-02-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Naturalgas Noting point is selling at lower levels seems decreasing. The Naturalgas is now trading in oversold level. The Naturalgas is now trading in oversold level. The oscillator is showing BUY signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 168.Resistance for the Naturalgas is 188-195-205-216-221-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position Naturalgas is in down trend so buy above 184.0 The sell will again come if below 169.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 188.6 with a stop at 182.1 Below 180.2 go for sell
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