On an hourly time frame RSI(14) is moving above the level 60, which signifies a bullish sentiment. Similarly, near 216 it's 50 days SMA's levels, which will act as a strong support for the day. Aggressive traders can take long position at CMP 218.60 and conservative traders can wait till 217-216 for the best entry level.
NATURALGAS1!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.