MTECHTIPS MCX NATURALGAS INTRADAY trading tips 04-08-2017


MTECHTIPS MCX NATURALGAS INTRADAY trading tips 04-08-2017

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. 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 187-190-191-194-199-201-Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD SHORT position Naturalgas is in down trend so buy above 182.0 The sell will again come if below 177.8 The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 181.6 with a stop at 178.1 Below 177.2 go for sell

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