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Sunday, February 14, 2016

NATURAL GAS UPDATES FOR FEB 14 2016


SUNDAY



WEEKLY UPDATE



Natural gas was trading in negative range last week prices opened at 149 levels and



dropped to close at 133.5 levels, 132.5 is the strong supports and any close below 132.5



is considered as short term bearish signal and we expect prices to test up to 125 levels



with strong resistance above 138.5 levels.




Weekly Call :



Sell Natural gas only below 132.5



and add further on rises up to 135



with SL above 138.5



for target 125.



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