MTECHTIPS MCX NATURALGAS INTRADAY trading tips 08-08-2017


MTECHTIPS MCX NATURALGAS INTRADAY trading tips 08-08-2017

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 .. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 175.Resistance for the Naturalgas is 185-188-189-192-199-200-Short term and Intraday Level of NATURALGASCurrently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 180.0 The Naturalgas is now trading is approaching oversold level. The oscillator is on BUY Signal and Naturalgas is recovering from oversold level

Intraday Trend- Buy is advised only above 181.2 with a stop at 178.3 Below 177.6 go for sell and put stop at 180.5

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