We are now on face book . Dear viewers we request you to like our page and if any queries you cld ask us there . we will get back .
We are also now on Twitter


Follow us on Twitter


If you need any technical support you can Tweet to us at


Tuesday, May 20, 2008

NATURAL GAS UPDATES


MAY 20 TH TUESDAY

SHORT TERM TREND : SIDEWAYS : TARGET Rs 461 TO Rs 482



LONG TERM : BULLISH : TARGET Rs 520



S : SUPPORT R :RESISTENCE

S1 :472.50 ,S2 : 468 ,S3 : 466
R1 :478 , R2 :482 , R3 : 486

Natural gas spot prices increased in a majority of regions of the Lower 48 States this report week (Wednesday–Wednesday, May 7-14).The Henry Hub spot price increased $0.43 per million Btu (MMBtu) to $11.51, the highest average price recorded at the Henry Hub in more than 2 years.

As the price of crude reached a record high of $ 125.94 per barrel last Friday Natural gas

traded at $ 11.29 per MMBtu.

No comments: