Home / TIPS / MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-02-2017

MTECHTIPS MCX NATURALGAS INTRADAY trading tips 17-02-2017

MTECHTIPS   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 . Noting point is selling at lower levels seems decreasing. The Naturalgas is now trading in oversold level. The Naturalgas is now trading in oversold level. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 190.Resistance for the Naturalgas is 204-209-217-218-221-228-

Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 199.0 The Naturalgas is now trading in highly oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 196.7 with a stop at 190.7 Below 188.9 go for sell

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