MTECHTIPS MCX NATURALGAS INTRADAY trading tips 23-06-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 23-06-2017
MTECHTIPS Mcx Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Naturalgas is now trading in oversold level. The Naturalgas is now trading in oversold level. The oscillator is showing SELL signal For short term Naturalgas is in HOLD SHORT position.Positionally Immediate support for Naturalgas is 183.Resistance for the Naturalgas is 193-194-199-202-204-
Short term and Intraday Level of NATURALGAS
Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 190.0 Selling pressure seems to be deceasing so Short term investor with risk aptitude can enter again if it close above 191.3 but caution- close Below low5 fresh selling can occur The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 191.7 with a stop at 185.1 Below 183.1 go for sell
WWW.MTECHTIPS.COM
07489294118-119