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Sunday, March 23, 2014

MCX NATURAL GAS UPDATES FOR MARCH 23 2014

SUNDAY


WEEKLY UPDATES

Natural gas has broken all its supports and dropped to  262 levels

 trend for the commodity now remains bearish with strong resistance 

above 267 and 275 levels// we expect prices to test its supports say

 250 and 246 in the days to come one can sell the commodity at

 current price and on rises up to 265 levels with stops above 268

 levels for the said targets

Weekly call :


Sell Natural Gas at cmp 262-263

 and add one more at 265 levels

 with stops above 269.5

 for targets 250 and 246.