Mcx natural gas was not able to sustain at higher levels and dropped straight
away from 240 – 220 levels trend for the commodity remains bearish for
short term and we expect prices to correct further up to 212 levels with
strong resistance above 225 levels. Sell only below 220 is advisable.
Weekly Call :
Sell Mcx Natural gas only below 220
and add further on rises up to 221
with SL above 225
for targets 215 – 212.
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