MTECHTIPS MCX NATURALGAS INTRADAY trading tips 26-04-2019

MTECHTIPS MCX NATURALGAS INTRADAY trading tips  26-04-2019

MTECHTIPS     Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Naturalgas is now trading in oversold level. The Naturalgas is now trading in oversold level. The oscillator is showing SELL signal For short term Naturalgas is in HOLD SHORT position.Positionally Support for the Naturalgas is 177-.Resistance for the Naturalgas is 185-191-198-215- Short term and Intraday Level of NATURALGAS Currently Naturalgas is in HOLD LONG position Naturalgas is in sideways and sellers was at high so for short term better buy above 185.4 or hold with stop at 171.8 The next resistance will be at 180.8 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 185.4 with a stop at 178.2 Below 176 go for sell and put stop at 183.2

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