MTECHTIPS MCX NATURALGAS INTRADAY trading tips 28-08-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 28-08-2018

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 198-197-193-.Resistance for the Naturalgas is 205-207- Short term and Intraday Level of NATURALGAS Currently Naturalgas is in SELL position Naturalgas is moving sideways so short term investor better to buy only above 209.4 or hold with stop at 201.5 The Naturalgas is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 204 with a stop at 200.8 Below 200 go for sell

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