MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-09-2018

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MTECHTIPS MCX NATURALGAS INTRADAY trading tips 10-09-2018

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 Naturalgas has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below198.8 Buy if above 206.2 The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 202.7 with a stop at 199.5 Below 198.8 go for sell

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