SUNDAY
WEEKLY UPDATE
Mcx Natural gas was trading in the negative territory and was broken all its supports and closed
at 123.5 levels, overall trend for the commodity remains very bearish and we expect prices to
test 120 – 115 levels with strong resistance above 128.5 levels, sell at current levels'
and on rises up to 125.5 is advisable.
Weekly Call :
Sell Mcx Natural gas between 123.5 – 125.5
with SL above 128.5
for targets 117 and 115.
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