MTECHTIPS MCX NATURALGAS INTRADAY trading tips 14-03-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 14-03-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong uptrend with good momentum 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 The current position is BUY .Positionally Support for the Naturalgas is 192-187-.Resistance for the Naturalgas is 209-214-220-
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 197 The Naturalgas is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 204.4 with a stop at 200.6 Below 199.6 go for sell with stop at 203.4
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