Home / TIPS / MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-01-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-01-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-01-2017
MTECHTIPS Natural gas is in long- term bull phase .Currently Natural gas is in strong downtrend with good momentum 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 Natural gas is in SELL position. Positionally Support for the Natural gas is 209-.Resistance for the Natural gas is 217-222-239-240-241-
Short term and Intraday Level of NATURALGAS
Last few days Natural gas is moving down and the trend looks weak Currently Natural gas is in HOLD SHORT position The Natural gas is in downtrend For short term buy only if close above 226.0 The Natural gas is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Sell if open below 208.9 with stop loss at 216.5 or sell below 205.6 Buy only above 219.8
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