MTECHTIPS MCX NATURALGAS INTRADAY trading tips 01-08-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 01-08-2017
MTECHTIPS Mcx Naturalgas is bearish for medium-long term.Currently Naturalgas is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Naturalgas is in SELL position and closed below 1 month low with volume signals down breakout.PositionallyImmediate support for Naturalgas is 178.Resistance for the Naturalgas is 192-193-195-200-201- Short term and Intraday Level of NATURALGAS Naturalgas and closed below 1 week low with volume signals down breakoutCurrently Naturalgas is in HOLD SHORT position Naturalgas is in sideways but the trend looks weak so better buy above 192.5 or hold with stop at 179.3 The Naturalgas is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Sell if open below 176.8 with stop loss at 183.2 or sell below 174.1Buy is not advised till it cross 186
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