Mcx natural gas last week jumped from 195 levels to 207
and dropped back to close at 196.5 levels, strong supports
for the commodity is at 195 levels, resistance for the commodity
is at 200 – 204 – 207 levels, only close below 195
we expect prices to give correction further if not likely
to take supports at 195 levels to bounce back to same levels.
Weekly Call :
Sell Mcx Natural gas only on close below 195
and add further on rises up to 197
with sl above 201
for targets 190 – 187.
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