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Sunday, September 27, 2015

NATURAL GAS UPDATES FOR SEPT 27 2015

SUNDAY



WEEKLY UPDATE




Mcx natural gas was trading in the range between 168 – 172 levels for the whole week,



prices twice tested low of 167 levels but taken supports and close above its strong


resistance at 168.5 levels, now any breakdown below 167 may push down the prices up to


160 to 157 levels with strong resistance at 172 levels.



Weekly Call :



Sell Natural gas only below 167 levels



and add further on rises up to 168.5



with SL above 172



for targets 161 and 157(Positional)




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