MTECHTIPS MCX NATURALGAS INTRADAY trading tips 09-03-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 09-03-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 193-187-185-.Resistance for the Naturalgas is 213-214-221-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 189 The Naturalgas is now trading is approaching overbought level. The oscillator is showing SELL signal
Intraday Trend- is in intraday buy level better buy above 199.5 or in low buy above 194.1 Target is 201.8 next 205.6 Below 191.8 trend reversal can occur so keep long stop at 191.8
WWW.MTECHTIPS.COM
07489294118-119