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Monday, November 24, 2008

UPDATES ON NOV 24 2008

NOV 24 MONDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 328 , S2 RS 324 , S3 RS 321

R1 RS 333 , R2 RS 336.50 , R3 RS 339

SELL AT RESISTENCE.

Natural gas prices are expected to trade sideways

down on the back of weak oil prices.

Nymex December can trade in the range of $ 6.05

to $ 6.75.

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