mcx natural gas intraday levels 7 oct 2015

Mcx natural gas future today is trading at 161.4 with gain.
 
On daily chart, ng future 1 week price channel is down.
And 1 month price channel also showing downtrend.
Daily chart RSI is at 33 and forming bottom.
 
mcx natural gas intraday support levels are 159.8 and 157.
And mcx natural gas intraday resistance levels are 163 and 170.
 
mcx natural gas intraday trade buy on dips
with strict stop loss for bounce back short covering rally.

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Pramod Baviskar

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