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Thursday, November 19, 2009

UPDATES FOR NOV 19 2009

NOV 19 THURSDAY

TRADING LEVELS FOR MORNING SESSION

SUPPORT 1 RS 200 , SUPPORT 2 RS 198

RESISTANCE 1 RS 209 , RESISTANCE 2 RS 212

Recap: -

Natural Gas prices dropped up to 4% as prices went

up just as a rally from the bottom levels. Prices

trading negative as the overall trend remains weak.


Forecast: -

Prices may take some strong bottom out around 200 –

195 levels if prices close above these levels.

There is a chance for prices to bounce upward

from these levels. Wait and watch..

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