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Sunday, May 31, 2015

NATURAL GAS UPDATES FOR MAY 31 2015

SUNDAY




WEEKLY UPDATE




Mcx Natural gas was trading in bearish zone for the whole week and closed at 169.9 levels



immediate resistance for the commodity is now at 173.5 levels and supports for the commodity




is at 165 and 162 levels, sell at current levels and on rises up to 172 with stops above 177.5



is advisable strategy.



Weekly Call :




Sell Natural gas between 169.9 – 172




with stops above 177.5




for target 162.(High Risk Trade less).




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