MTECHTIPS MCX NATURALGAS INTRADAY trading tips 23-08-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 23-08-2018

MTECHTIPS    Naturalgas is in perfect uptrend .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 Naturalgas is now trading in overbought level. The Naturalgas is now trading in overbought level. The oscillator is showing SELL signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 204-201-197-196-192-. Immediate resistance for Naturalgas is 210 Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD LONG position Naturalgas is in sideways and sellers was at high so for short term better buy above 208.4 or hold with stop at 200.6 The next resistance will be at 208.8 The Naturalgas is now trading is approaching overbought level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 208.4 with a stop at 205.7 Below 205 go for sell and put stop at 207.7

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