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Sunday, September 21, 2014

NATURAL GAS UPDATES FOR SEPT 21 2014

SUNDAY



WEEKLY UPDATE



Natural gas was highly trading in the range between 245 – 230 levels thrice


prices went up to 245 levels ( resistance ) and dropped back to supports


230 levels , and finally closed at 235 levels, trend for the commodity


looks to trade between the range only, either breakout or break down only


will give a clear trend,


Weekly Call :


Sell Natural gas only on a close below 232


with stops above 237


for tgt 227 and 225.