MTECHTIPS MCX NATURALGAS INTRADAY trading tips 01-09-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 01-09-2017
MTECHTIPS Mcx Naturalgas is bearish for medium-long term .Currently Naturalgas is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Naturalgas is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Naturalgas is 192-188-186-.Resistance for the Naturalgas is 197-Short term and Intraday Level of NATURALGASNaturalgas closed above 1 week high with volume signals up breakoutCurrently Naturalgas is in HOLD LONG position Naturalgas has crossed the high so for short term better buy above 197.6 with stop at 184.6 Yesterday the up movement was with volume this also confirm an up break out The oscillator is showing BUY signal Intraday Trend- Buy above 197.6 and keep stop below 192 Target is 200.1 next 204.2 Below 189.5 trend reversal can occur and next level is 185.5
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