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Sunday, January 18, 2015

NATURAL GAS UPDATES FOR JAN 18 2015

SUNDAY


WEEKLY UPDATE

Mcx natural Gas prices dropped to 177 levels and then bounced to test 206 levels


finally closed at 192.8 levels.Trend for the commodity remains bearish and we


epxect prices to drop further up to 177 levels in the days to come with strong


resistance above 204 levels.



Weekly Call :



High Risk players only sell natural gas between 193 – 195


with stops above 204


for targets 183,180and 177.