MTECHTIPS MCX NATURALGAS INTRADAY trading tips 11-07-2017


MTECHTIPS MCX NATURALGAS INTRADAY trading tips 11-07-2017

MTECHTIPS Mcx Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend 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 HOLD SHORT position.Positionally Immediate support for Naturalgas is 183.Resistance for the Naturalgas is 192-193-200-201-203-Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD SHORT position Naturalgas is moving sideways with low volatality so short term investor better to buy if close above 196.2 close below 183.9 Sell will happen. The Naturalgas is now trading is approaching oversold level. The oscillator is on BUY Signal and Naturalgas is recovering from oversold level Intraday Trend-Intraday better to buy above 195.8 and Sell if below183

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