MTECHTIPS MCX NATURALGAS INTRADAY trading tips 16-03-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 16-03-2017
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 The current position is BUY .Positionally Support for the Naturalgas is 191-190-.Resistance for the Naturalgas is 207-214-219-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position Naturalgas is in sideways and sellers was at high so for short term better buy above 199 or hold with stop at 191.5 The next resistance will be at 203.5 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 199 with a stop at 193.4 Below 191.8 go for sell and put stop at 197.4
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