TECHNICALS FOR NYMEX TRADE FOR MAY 29 2009

MAY 29 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 190 , S2 RS 186 , S3 RS 182.30

R1 RS 194 , R2 RS 198 , R3 RS 201

WAIT FOR CONFIRMATION.

MARKET ALERT AT 3 PM MAY 29

JUNE NATURAL GAS HAS SUPPORT BELOW 187, AND

RESISTANCES AT 193/ 196., CLD TEST RESISTANCES.

CMP 189.

UPDATES

TECHNICALS FOR MAY29

MCX JUNE NAT GAS

SUPP; 186/ 184/ 182.60

RES:190.30/192/ 194

STAY LONG AT SUPPORTS

MARKET ALERT ON AMY 28 THURSDAY 8.00 PM IST

US NATURAL GAS STORAGE : ACTUAL 106B,

FORECAST 114B,

PREVIOUS 103B.

MARKET ALERT ON MAY 28 THURSDAY 6.00 PM IST

MCX June Natural gas looks weak below Rs 173.20

it could test Rs 170.10

Res above Rs 175.65.

TECHNICALS FOR NYMEX TRADE FOR MAY 28 2009

MAY 28 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 173 , S2 RS 170 , S3 RS 167

R1 RS 176 , R2 RS 177 , R3 RS 182

WAIT FOR CONFIRMATION.

updates

TECHNICALS FOR MAY 28

MCX JUNE NAT GAS

SUPP:171.30/168.80/167

RES: 176/ 178/ 181

WAIT FOR CALLS

UPDATES

TECHNICALS FOR MAY 27 NYMEX TRADING

MCX JUNE NAT GAS

SUPP; 173/ 170/ 166

RES; 178/ 181/ 185

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 27

MCX JUNE NAT GAS

SUPP; 170.60/ 168.70/166

RES: 174.50/ 176/178

WAIT FOR CALLS

MARKET ALERT ON MAY 26 TUESDAY 6.00 PM IST

MCX June Natural gas looks weak below Rs 171

it could test Rs 167/ 165

Res is seen at Rs 174.

UPDATES

TECHNICALS FOR MAY 26

MCX JUNE GAS

SUPPORTS ; 168/ 166/ 164

RES; 173/ 176/ 179

WAIT FOR CALLS

UPDATES FOR MAY 26 2009

MAY 26 TUESDAY

S1 RS 168.50 , S2 RS 166 , S3 RS 165

R1 RS 172.30 , R2 RS 175 , R3 RS 177

WAIT FOR CONFIRMATION.

TECHNICALS FOR NYMEX TRADE FOR MAY 22 2009

MAY 22 FRIDAY


TRADING LEVELS FOR NYMEX TRADE

S1 RS 175 , S2 RS 172 , S3 RS 169

R1 RS 179 . R2 R S182 , R3 RS 185

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 22

MCX JUNE NAT GAS

SUPP: 177.60/ 175/173

RES: 181/183.20/185

WAIT FOR CALLS

UPDATES

TECHNICALS FOR NYMEX TRADING MAY 21

MCX JUNE NAT GAS

SUPP; 191.50/188.60/187


RES; 195.60/ 197/199

WAIT FOR INVENTORY TONITE

UPDATE AT 4 PM MAY 21

NATURAL GAS INVENTORY EXPECTED UP 95

BCF.ACTUALS AT 8 PM TONITE.

MARKET ALERT ON MAY 21 THURSDAY 2.10 PM IST

MCX June Natural Gas has Res Above Rs 196.30 and

likely to test Rs 192. CMP Rs 194.60)

UPDATES

TECHNICALS FOR MAY 20

MCX JUNE NAT GAS

SUPP: 191.50/ 188.60/187

RES; 195.60/197/ 199

WAIT FOR CALLS

UPDATES

TECHNICALS FOR MAY 20 NYMEX TRADING

MCX JUNE NAT GAS

SUPP; 191/ 188/ 185

RES; 194/ 197/ 202.10

WAIT FOR CALLS

UPDATES

TECHNICALS FOR MAY 20

MCX JUNE NAT GAS

SUPP: 193/191/188.20

RES: 197/200.30/202.10

PREFER SHORTS AT RESISTANCES

MARKET ALERT ON MAY 20 WEDNESDAY

10.15 AM IST

MCX May Natural Gas looks weak below Rs 186.30

it could test RS 183/ 180

Res is seen at Rs 187.60.

UPDATES

TECHNICALS FOR MAY 19

MCX JUNE GAS

SUPP: 202/200.30/ 198

RES: 207/ 209.60/ 211

WAIT FOR CALLS

MARKET ALERT AT 8.30 PM MAY 18

MCX MAY NAT GAS BOOK PROFITS AT CMP 202.70

IN OUR BUY GIVEN AT 199.20.

MARKET ALERT ON MAY 18 MONDAY 6.40 PM IST

MCX May Natural Gas could test Rs 204

support is seen at Rs 196

Buy recommneded in the range of Rs 199.20 levels.

TECHNICALS FOR NYMEX TRADE FOR MAY 18 2009

MAY 18 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 196 , S2 RS 193 , S3 RS 190

R1 RS 199 , R2 RS 202 , R3 RS 205

WAIT FOR CONFIRMATION.

UPDATES FOR MAY 18 2009

MAY 18 MONDAY

S1 RS 201 , S2 RS 198 , S3 RS 196

R1 RS 207 , R2 RS 209.60 , R3 RS 212

WAIT FOR CONFIRMATION.

TECHNICALS FOR NYMEX TRADE FOR MAY 15 2009

MAY 15 FRIDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 210.60 , S2 RS 208 , S3 RS 206

R1 RS 213.70 , R2 RS 215 , R3 RS 217.40

WAIT FOR CONFIRMATION.

MARKET ALERT ON MAY 15 FRIDAY 5.30 PM IST

MCX May Natural Gas Target Achieved at Rs 208.80

Book full profits.

MARKET ALERT ON MAY 15 FRIDAY 3.40 PM IST

MCX May Natural Gas looks weak below Rs 211.80

it could test Rs 208.80

Res is seen at above

Rs 213.80

UPDATES

TECHNICALS FOR MAY 15

MCX MAY GAS

SUPP: 210.60/ 208/ 206

RES: 215/ 217.30/220

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR MAY 14 2009

MAY 14 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 209 , S2 RS 206 , S3 RS 203

R1 RS 213 , R2 RS 216 , R3 RS 219

WAIT FOR CONFIRMATION.

MARKET ALERT AT 4.30 PM MAY 14

SELL MCX N.GAS BELOW 211.40, SL ABOVE

213.60 TGT 208.40.( BROKER CALL )

updates

TECHNICALS FOR MAY14

MCX MAY GAS

SUPP: 217/214/211.60

RES:223/ 226.4/228

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR MAY 13 2009

MAY 13 WEDNESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 222 , S2 RS 218 , S3 RS 215

R1 RS 226 . R2 RS 230 , R3 RS 233

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 13

MCX MAY NAT GAS

SUPP: 214 211/ 208

RES: 218/ 221/ 224

PREFER LONGS AT SUPPORTS

MARKET ALERT ON MAY 12 TUEADAY 9.00 PM IST

MCX May Natural gas could test Rs 211

if it sustains below Rs 216.70

Res is seen at 216.70

TECHNICALS FOR NYMEX TRADE FOR MAY 12 2009

MAY 12 TUESDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 214 , S2 RS 211 , S3 RS 208

R1 RS 218 , R2 RS 221 , R3 RS 224

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 12

MCX MAY NAT GAS

SUPP: 209/206.50/203

RES: 215.40/218/221

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR MAY 11 2009

MAY 11 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 212 , S2 RS 209 , S3 RS 205

R1 RS 215 , R2 RS 219 , R3 RS 223

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FORMAY 11\

MCX MAY NATGAS

SUPP: 206/ 203/198

RES;212/216/ 218

WAIT FOR CALLS

MARKET ALERT AT 2 PM MAY 8

MCX MAY NATURAL GAS FACES RESISTANCE AT 206 TO

208 ABOVE WHICH CLD TEST 216 TO 220 IN SHORT TERM.

UPDATES

TECHNICALS FORMAY 8

MCX MAY GAS

SUPP: 196/ 193/ 191

RES ;201/204/ 207

PREFER LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR MAY 7 2009

MAY 7 THURSDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 192 , S2 RS 188 , S3 RS 184

R1 RS 196 , R2 RS 199 , R3 RS 202

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 7

MCX MAY NATGAS

SUPP; 189/186/ 184

RES: 193/ 197/201

PREFER LONGS AT SUPPORTS

UPDATES

TECHNICALS FOR MAY 6

MCX MAY NAT GAS

SUPP: 176/ 174/ 171.50

RES; 180/ 182/ 184.

updates

TECHNICALS FOR NYMEX TRADING MAY 5

MCX MAY NAT GAS

SUPP:180/ 176/ 173

RES ; 185/ 189/ 192

WAIT FOR CALLS

UPDATES

TECHNICALS FOR MAY 5

MCX MAY NAT GAS

SUPP;183/180/ 177

RES :186/ 189/ 192

HOLD LONGS AT SUPPORTS

TECHNICALS FOR NYMEX TRADE FOR MAY 4 2009

MAY 4 MONDAY

TRADING LEVELS FOR NYMEX TRADE

S1 RS 175 , S2 RS 172 , S3 RS 168

R1 RS 179.80, R2 RS 184 , R3 RS 186.90

WAIT FOR CONFIRMATION.

UPDATES

TECHNICALS FOR MAY 4

MCX MAY NAT GAS

SUPP: 174.80/ 170/165

RES : 179.80/ 184/ 186.90

WAIT FOR CALLS