SUNDAY
WEEKLY UPDATE
Mcx Natural gas lost its stream and drop further for the 5th consecutive week
and tested a low of 190 levels and closed at 191.3 levels, trend for the commodity
remains bearish and is expected to correct further up to 180 levels if consolidation takes
place then likely prices to trade in the range between 190 – 195 levels,
wait and watch is the trend.
Weekly Call :
Low Risk Wait for entries ,
High risk Sell Mcx Natural gas on rises between 192 – 193
with SL above 197
for targets 185 – 183.
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