MTECHTIPS MCX NATURALGAS INTRADAY trading tips 27-08-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 27-08-2018

MTECHTIPS    Naturalgas is in long- medium- short-medium- term bull phase .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 198-197-196-193-.Resistance for the Naturalgas is 207- Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 205 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 above 207.6 with a stop at 202.4 Below 201 go for sell with stop at 206.2

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