MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-09-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 03-09-2018

MTECHTIPS    Naturalgas is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is on SELL signal and Naturalgas is coming down from overbought level For short term Naturalgas is in SELL position.Positionally Support for the Naturalgas is 204-201-197-194-. Immediate resistance for Naturalgas is 210 Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD LONG position Naturalgas has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 209 with stop at 199.6 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 209 with a stop at 205.6 Below 204.8 go for sell and put stop at 208.2

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