MTECHTIPS MCX NATURALGAS INTRADAY trading tips 24-04-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 24-04-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Support for the Naturalgas is 197-.Resistance for the Naturalgas is 206-207-208-216-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD LONG position The Naturalgas is in downtrend For short term buy only if close above 207.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 205.1 with a stop at 199.1 Below 197.3 go for sell
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