MTECHTIPS MCX NATURALGAS INTRADAY trading tips 25-04-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 25-04-2017
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 Immediate support for Naturalgas is 195.Resistance for the Naturalgas is 206-208-215-
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 below194.5 Buy if above 208.4 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 202.5 with a stop at 196.3 Below 194.5 go for sell
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