SUNDAY
WEEKLY UPDATE
Mcx Natural gas last week recovered from 110 levels and closed at 124 levels with
steep gain in all the trading session, sharp price recovery is attributed because
of two reason, international market gas was already trading in all time low and week
out put , we expect prices to correct from current level or at bit higher level likely
to test 105 levels in the next rally.
Weekly Call :
Sell Mcx Natural gas on rises between 125 – 126
with SL above 127.5
for target 120 and 118.
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