CLOSING COMMENTARY FOR NOV 30 MONDAY

Natural Gas prices came down sharply with yesterday band.

Prices looks weak and could test 225 - 220 levles if sustains below

230 levels. Prices a break below 227 levls could be weak .

TECHNICALS FOR NOV 30

MCX DEC NAT GAS

SUPP: 239.20/236/233.10

RES:244.60/247/249.60

WAIT FOR ENTRY

TECHNICALS FOR NOV 27

MCX DEC NAT GAS

SUPP: 239.20/236/233.10

RES: 244.60/247/249.60

WAIT FOR ENTRY

UPDATES FOR NOV 26 2009

NOV 26 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 233.30 , S2 RS 231 , S3 RS 228

R1 RS 238.60 , R2 RS 241 , R3 RS 243.10

WAIT FOR CONFIRMATION .

MARKET ALERT ON NOV 25 WEDNESDAY 3.25 PM IST


MCX Nov Natural gas looks weak below Rs 223 ,

support is seen at Rs 220/218.30 ,

Res is seen above Rs 225 .

UPDATES FOR NOV 25 2009

NOV 25 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 220.30 , S2 RS 218 , S3 RS 215.60

R1 RS 225 , R2 RS 227.60 , R3 RS 230

WAIT FOR CONFIRMATION .

Natural Gas prices trading without any clear trend. Prices

trading weak below 225 levels. Prices could test more

lows on a close below 217 - 215 levels. Any buying around

these levels could decide further trend. Overall consolidation

takes place at lower levels.

TECHNICALS FOR NOV 24

MCX DEC NAT GAS

SUPP 221.40/219.60/217

RES 225.60/228/230.30

WAIT FOR ENTRY

CLOSING COMMENTARY FOR NOV 23 MONDAY

Natural Gas prices now having some slight consolidation

phase between 218 - 230 levels. Prices taking some strong

sup around these levels. A break and close above 230

could be positive for prices till 240 levels. A break below

and close 218 levels could be negative for prices.

Ovearll consolidating at lower levels.

TECHNICALS FOR NOV 23

MCX NOV NAT GAS

SUPP: 204.20/201/198.60

RES: 209.80/213/217.60

WAIT FOR CALLS

CLOSING COMMENTARY FOR NOV 20 FRIDAY

Natural Gas prices trading at lower levels and seems

consolidating around 200 levels.On a close of above 204 levels

could have more upside movement fails could trig more

downside movemnet. Overall seems some upside moment

could come. Strong sup seems around 198 - 200 levels.

UPDATES FOR NOV 20 2009

NOV 20 FRIDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 198 , S2 RS 194.60 , S3 RS 191

R1 RS 202 .60 , R2 RS 206 , R3 RS 209.60

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR NOV 19 THURSDAY

Natural Gas Prices had a mixed trend at down side. Prices

came down but trading little positive as it formes some strong

sup around 195 - 200 levels. Prices a close above 202 levels

and a postive trend tomo could gain more momentum to upper

side. A close above 202 seems positve.

MKT ALERT AT 5,15 PM

MCX NOV NAT GAS TRADERS HOLDING SELLS CLD BOOK PART PROFITS UPTO 195.50//HOLD FOR LEVELS GIVEN.

MKT ALERT AT 4.40 PM

Sell Natural Gas Nov between 199 - 200 SL above 203 T1 195 T2 192

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..

MRKT ALERT 8.05 PM

MCX NOV NATURAL GAS SELL RECOMMENDED BELOW 209 ACHIEVED BOTH T1 AND T2 AT 205 AND 203. BOOK FULL PROFITS.

MRKT ALERT 8 PM

MCX NOV NAT GAS CMP 205.//RECOMMENDED TO SELL WEAK 209.CLD TEST SUPPORT2 AT 203

MRKT ALERT 5 PM

NATURALGAS NOV LOOKING WEAK BELOW 209 AND COULD TEST 205 - 203 LEVELS. RES IS SEEN ABOVE 212. HIGH RISK TRADERS CAN OPERATE WITH THESE LEVELS.

UPDATES FOR NOV 18 2009

NOV 18 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 208.30 ,S2 RS 206 , S3 RS 204.60

R1 RS 212.30 , R2 RS 214.60 , R3 RS 217

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR NOV 17 TUESDAY

Natural gas prices trading high volatile betweeen 210

- 220 levels. Prices looks firm on a close of above

210 levels and more likely to test 220 - 225 levels.

Storng res seen at 217 levels. Sup is at 210 - 209.

Looks firm above 215 .

TECHNICALS FOR NOV 17 NYMEX TRADING

MCX NOV NAT GAS

SUPP; 212/209.80/207.30

RES: 214.40/216.60/218

WAIT FOR ENTRY

UPDATES FOR NOV 17 2009

NOV 17 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 210.80 , S2 RS 208.60 , S3 RS 206.30

R1 RS 215.60 , R2 RS 218.60 , R3 RS 221

WAIT FOR CONFIRMATION .

CLOSING COMMENTARY FOR NOV 16 MONDAY

NATURAL GAS PRICES WENT UP AS THE PRICES IN OVERSOLD

ZONE. PRICES WENT UP DUE TO PROFIT BOOKING.PRICES

COULD TEST 220 LEVELS IF THIS BOOKING CONTINUOUS.

VERY STRONG SUP IS SEEN AT 204/200 LEVELS. STRONG

RES IS SEEN AT 215/217 LEVELS.

UPDATES FOR NOV 16 2009

NOV 16 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 201.30 , S2 RS 199.60 , S3 RS 197

R1 RS 205.60 , R2 RS 208 , R3 RS 210.60

WAIT FOR CONFIRMATION .

Natural Gas prices continuos its weak trend. Prices

with open low came down upto the strong sup of 200

levels. Prices looks weak but some upside profit

booking could come as the prices is in Overbought zone.

Res is seen around 210 levels and sup is at 204 - 200 levels.

MARKET ALERT ON NOV 13 FRIDAY

US Natural Gas data : Act + 25 BCF

Exp + 17 Bcf

Previous + 29 Bcf

Negative for Gas prices .

NATURAL GAS STORAGE: EXP: 17B PREV: 29B

TECHNICALS FOR NOV 13

MCX NOV NAT GAS

SUPP: 207.20/205/202.30

RES: 210.20/212.30/215

PREFER SELLS AT RES

TECHNICALS FOR NOV 12

MCX NOV NAT GAS

SUPP; 207.20/205/202.10

RES; 212.30/215/217.40

PREFRE SELLS AT RES

UPDATES FOR NOV 11 2009

NOV 11 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 207.20 , S2 RS 205 , S3 RS 202.30

R1 RS 211 , R2 RS 213.30 , R3 RS 216.50

WAIT FOR CONFIRMATION .

CALL UPDATE

MCX NOV NATURAL GAS WEAK BELOW 213.90 WITH RES ABOVE 215.60 AND COULD TARGET 212/209.80.

UPDATES FOR NOV 10 2009

NOV 10 TUESDAY

TRADING LEVELS FOR MORNING SESSION .

S1 RS 211.10 , S2 RS 209 , S3 RS 206.40

R1 RS 216.30 , R2 RS 219 , R3 RS 221.30

WAIT FOR CONFIRMATION.

: Natural Gas prices trading negative and broken

imp sup of 213 - 212 levels. A close above this

with some positive bias could have buying around

these levels. Prices a close below 210 could have

some negative bias till 205 - 200 levels. Wait

and buy at sup levls.

technicals for nov 9

mcx nov nat gas

supp:213/211.10/209

res: 217.30/219.60/221

wait for calls

: Natural Gas prices tested the sup level of 215 levels.

Hope prices could bottom out here around 210 - 215 levels.

A break and close below this could have more weakness.

Res is seen around 220 - 225 levels. Wait and buy at dips is advised

MARKET ALERT ON NOV 6 FRIDAY 7.15 PM IST


Mcx Nov N.Gas Book final Profits at 219-218.70

Sell was advised at Rs 224.

MKT ALERT AT 4.15 PM NOV 6

MCX NOV NAT GAS UPDATE: WEAK BELOW 224 WITHRES ABV 226.30

AND CLD TEST 220.60

CLOSIMG COMMENTARY FOR NOV 5 THURSDAY

Natural Gas prices went up as inventories and profit

booking upside. Prices looks weak and sell on rise

is adivsed. Prices could test 210 levels on intraday

basis. But a close above 230 - 235 levels with some

good volume buying should be notable for upside.

MARKET ALERT ON NOV 5 9,00PM IST

Update:US N.Gas Storage data:

Act +29Bcf (Prv:+25 Bcf, exp: 30Bcf)

UPDATES FOR NOV 5 2009

NOV 5 THURSDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 223.40 , S2 RS 221 , S3 RS 218

R1 RS 227.60 , R2 RS 230.20 , R3 RS 233

WAIT FOR CONFIRMATION .

Natural Gas prices trading between 226 - 235 levels.

Prices trading with yesterday band but with negative

bias. Prices seems weak below 225 and could test

215 - 210 levels soon. A close above 235 only

seems positive for prices.

UPDATES FOR NOV 4 2009

NOV 4 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 228.30 , S2 RS 226 , S3 RS 223.40

R1 RS 232.30 , R2 RS 235 , R3 RS 237

WAIT FOR CONFIRMATION .

BONANZA CALL NOV 3

CALL OF THE DAY: NOV 3 TUESDAY

BUY MINI GOLD AT 16090 /ADD FURTHER LOTS AT 16250

TGTS 16145/16245/16360/16480/

16620/16780 HITS HIGH 16635 !!!!!! CALL RUNNING;

BUY MINI SILVER AT 26235 TGTS 26420/26610

/26820/27000/27340 HITS HIGH 27000 !!!!!!!!CALL RUNNING.

CLOSING COMMENTARY FOR NOV 3 TUESDAY

Natural Gas prices went up to the strong res of 235 and

selling came there. Prices looks weak below 235 - 230

levels and could test 220 levels in coming days.

Sell on rise advised and overall looks negative

upto 215 - 220 levels.

MKT ALERT AT 6.35 PM OCT 3

Sell Natural Gas Nov below 227 SL above 230 T1 224 T2 221

TECHNICALS FOR NYMEX TRADE FOR NOV 3 2009

NOV 3 TUESDAY

TRADING LEVELS FOR EVENING SESSION

S1 RS 226.10 , S2 RS 224.30 , S3 RS 221

R1 RS 230.20 , R2 RS 232.60 , R3 RS 235

WAIT FOR CONFIRMATION

UPDATES FOR NOV 3 2009

NOV 3 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 228 , S2 RS 224.20 , S3 RS 220

R1 RS 234.60 , R2 RS 238.90 , R3 RS 246

WAIT FOR CONFIRMATION .

Natural Gas as expected came down below 238 - 240 levels.

Prices came down and trading near its very strong sup of

233 levels. A close below 233 - 230 levels could be weak

for prices till 225 - 220 levels. Overal prices looks

weak below 236 levels. Res is seen around 238 - 240 and

sup is at 233 - 230.

MARKET ALERT ON NOV 2 MONDAY 8.15 PM IST

MCX Nov Natural Gas T1 and T2 Achieved at Rs 233

and Rs 230. Sell was given at Rs 237 .

MCX NOV NAT GAS" T1 ACH AT 233( SELL AT 237)

Sell Natural Gas Nov between 237 - 238 SL above 241 T1 233 T2 230