MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-09-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 07-09-2018

MTECHTIPS    Naturalgas is in long- medium- term bull phase .Currently Naturalgas is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Support for the Naturalgas is 197-195-.Resistance for the Naturalgas is 204-205- Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 204.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 201.9 with a stop at 199.1 Below 198.5 go for sell

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