MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-08-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-08-2017
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 . In last few days volume based selling happened in the Naturalgas 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 177.Resistance for the Naturalgas is 189-191-194-199-201-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 184.0 The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 183.1 with a stop at 178.6 Below 177.3 go for sell
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