MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-10-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-10-2017
MTECHTIPS Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend with good momentum and the trend is supported with good volume 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 185.Resistance for the Naturalgas is 191-192-194-195-196-
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 192.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 188.5 with a stop at 184.9 Below 183.9 go for sell.
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