Home / TIPS / MTECHTIPS MCX NATURALGAS INTRADAY trading tips 15-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 15-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 15-02-2017

MTECHTIPS   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 SELL position.Positionally Immediate support for Naturalgas is 193.Resistance for the Naturalgas is 208-213-218-219-221-230-

Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD SHORT position Naturalgas has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below191.8 Buy if above 213.4 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 197.4 with a stop at 193 Below 191.8 go for sell

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