MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-03-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-03-2017
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 190-.Resistance for the Naturalgas is 196-207-214-219-
Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD SHORT position Naturalgas has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below188.2 Buy if above 203.5 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 195.8 with a stop at 189.9 Below 188.2 go for sell
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