MRKT ALERT 5.15 PM

MCX MAR NATURAL GAS APPROACHING OUR T1 AT 220.10, TRADERS CAN BOOK PROFITS OTHERS CAN HOLD FOR TARGETS GIVEN.SELL GIVEN AT 223.50.

MRKT ALERT 4.20 PM

Sell Natural Gas Mar between 223 - 223.40 SL above 225 T1 220.10 T2 217.50 (Trade Less Volumes )

technicals for feb 23

mcx march nat gas

supp: 224.10/221.40/219

res: 228.60/230.20/233

prefer sells at res

UPDATES FOR FEB 22 2010

FEB 22 MONDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 232 , S2 RS 229 , S3 RS 226

R1 RS 237 , R2 RS 239 , R3 RS 243

WAIT FOR CONFIRMATION .

Natural Gas Storage Forecast -185bcf, Previous -191bcf to be released tonight at 9 pm.

TECHNICALS FOR FEB 18

MCX FEB NAT GAS

SUPP: 245.30/243/240.60

RES:249.20/251.60/253.60

PREFER SELLS AT RES

MARKET ALERT ON FEB 17 WEDNESDAY 7.30 PM IST

Traders holding sells in natural gas as per our

sell below Rs 247 , can book full profits up to Rs 244.50.

MARKET ALERT ON FEB 17 WEDNESDAY 6.00 PM IST

MCX Feb Natural gas looks weak below Rs 247

it could test Rs 244.60

Res is seen above Rs 248.50

TECHNICALS FOR FEB 16

MCX FEB NAT GAS

SUPP: 252.10/249.70/247

RES: 256.40/258.80/262

MRKT ALERT 8.32PM

Update: US C.oi Inventories Data: Act +0.7 Mbrls (Exp +1.4 Mbrls Prv 2.3 Mbrls) Distillate: Act -0.3 Mbrls, gasoline: Act +1.0%.

EXP NAT GAS INVENTORY DOWN 180BCF//EXP CRUDE INV UP.1.5 MB,DISRTILLATE DOWN 1.9 MB, GASOLINE UP0.5 MB.

TECHNICALS FOR FEB 11

MCX FEB NAT GAS

SUPP:244.60/242/239.50

RES: 249.60/252.20/254.50

PREFRE SELLS AT RES

MCX FEB NAT GAS: T2 ACH AT 246( SELL GIVEN BELOW 252)/ HOLD FOR T3./BOOK MAX PROFITS.

MKT ALERT AT 7 PM

MCX FEB NAT GAS: T2 ALMOST ACH AT 246, LOW 246.30/SELL GIVEN THIS MORNING BELOW 252/ BOOK MAX PROFITS TRAIL SL TO COST AND HOLD FOR TGTS.

MKT ALERT AT 5 PM

MCX FEB NAT GAS: HIGH RISK TRADERS HOLDING SELLS BOOK PART RPFOITS AT 249( SELL RECOMMENDED BELOW 252 IN MORNING)/HOLD FOR FURTHER LEVELS GIVEN OTHERS.

MCX FEB NAT GAS : WEAK BELOW 252 WITH RES ABV 254 FOR TGTS 250/246/242( HIGH RISK TRADERS CAN OPERATE AT THESE LEVELS)

UPDATES FOR FEB 10 2010

FEB 10 WEDNESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 246.20 , S2 RS 244 , S3 RS 241.60

R1 RS 251.60 , R2 RS 254 , R3 RS 256.30

WAIT FOR CONFIRMATION .

UPDATES FOR FEB 9 2010

FEB 9 TUESDAY

TRADING LEVELS FOR MORNING SESSION

S1 RS 254.20 , S2 RS 251.60 , S3 RX 249

R1 RS 258.60 , R2 RS 260.20 , R3 RS 62.30

WAIT FOR CONFIRMATION .

TECHNICALS FOR FEB 8

MCX FEB NAT GAS

SUPP:256.20/253/248

RES:261.80/265/2669

PREFRE LONGS AT SUPPORTS

TECHNICALS FOR FEB 5

MCX FEB NAT GAS

SUPP: 245.70/243.40/241

RES: 250.40/252.10/255

MARKET ALERT ON FEB 4 THURSDAY 10.00 PM IST


MCX Feb Natual gas T 1 Achieved at Rs 245 .

Sell was advised at Rs 247.50 to 248 .

MARKET ALERT ON FEB 4 THURSDAY 9.10 PM IST

MCX Feb natural gas book part profits at CMP Rs 246

MARKET ALERT ON FEB 4 9.00 PM IST

Sell Natural Gas between 248.50 - 249

SL above 252.50

T` 245

T2 242

US N.Gas Storage Data: Act -115 Bcf (Exp -123 Bcf Prv -86 Bcf) Negative to gas Prices.

TECHNICALS FOR FEB 4

MCX FEB NAT GAS

SUPP:252/249.80/247.20

RES:256.40/259/261

: Natural Gas prices trading highly range bound between 250 - 255. Either break out and close could decide further trend. A break below 249 and close could be weak for prices and a close above 256 could test 260 - 265

TECHNICALS FOR FEB 3

MCX FEB NAT GAS

SUPP: 251.20/249/246.80

RES; 255.40/257.80/259.60

CLOSING COMMENTARY FOR FEB 2 TUESDAY

Natural Gas prices trading firm but highly range bound

between 250 - 255 levels. Prices have strong sup of 249

and a break only could be negative for prices. A close above

255 could test more highs till 260 - 265 levls.

MRKT ALERT 5.45 PM

MCX FEB NATURAL GAS TRADERS CAN BOOK PART PROFITS UPTO 254.30, BUY GIVEN AT 252.50/HOLD FOR GIVEN TARGETS.

MKT ALERT AT 5 PM

Buy Natural Gas Feb between 252 - 252.50 SL below 249.80 T1 255.50 T2 258

TECHNICALS FOR FEB 2

MCX FEB NAT GAS

SUPP: 247.70/245/242.60

RES:252.30/254.60/256.90

TECHNICALS FOR FEB 1

MCX FEB NAT GAS

SUPP:236.50/231/227

RES:242.50/246/248.30

PREFER SELLS AT RES