MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-08-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-08-2018

MTECHTIPS    Naturalgas is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 192-190-189-188-.Resistance for the Naturalgas is 197- Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD SHORT position Naturalgas has crossed the 5 day high but the trend was not strong and sellers was at high so for short term better buy above 198.2 with stop at 188.4 The Naturalgas is now trading is approaching overbought level. The oscillator is on SELL signal and Naturalgas is coming down from overbought level Intraday Trend- Buy is advised only above 198.2 with a stop at 192.1 Below 190.4 go for sell and put stop at 196.5

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