MTECHTIPS MCX NATURALGAS INTRADAY trading tips 01-03-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 01-03-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. 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 192-202-216-219-221-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways so short term investor better to buy if close above 188.6 with stop at 169.0 The oscillator is showing BUY signal
Intraday Trend- Buy above 187.9 and keep stop below 182.1 Target is 190.4 next 194.7 Below 179.6 trend reversal can occur and next level is 175.4
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