MTECHTIPS MCX NATURALGAS INTRADAY trading tips 12-07-2017


MTECHTIPS MCX NATURALGAS INTRADAY trading tips 12-07-2017

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 Support for the Naturalgas is 192-191-.Resistance for the Naturalgas is 201-203 Short term and Intraday Level of NATURALGA Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 186 The oscillator is showing BUY signal

Intraday Trend- is in intraday buy level better buy above 199.5 or in low buy above 194.1 Target is 201.8 next 205.6 Below 191.8 trend reversal can occur so keep long stop at 191.8

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