MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-04-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-04-2017
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 .. The Naturalgas is now trading in overbought level. The Naturalgas is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Naturalgas is 210-207-203-200-198-. Immediate resistance for Naturalgas is 219
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position Naturalgas has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 218.7 with stop at 203.8 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 218.7 with a stop at 212.5 Below 210.7 go for sell and put stop at 216.9
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