MTECHTIPS MCX NATURALGAS INTRADAY trading tips 09-03-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 09-03-2018

MTECHTIPS  Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Naturalgas is 176-174-173-.Resistance for the Naturalgas is 185-186-189- Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways so short term investor better to buy only above 182.4 with stop at 174.9 The Naturalgas is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 182.7 with a stop at 179.1 Below 178.1 go for sell

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