SUNDAY
WEEKLY UPDATE
Natural gas prices dropped to 254 levels last week which is very strong
supports levels we expect prices may take support at current level to bounce
back to 260 levels , sell on rises is the best bet for the commodity for now ,
or sell below supports 253 on closing basis , we expect prices to correct up
to 228 levels in the days to come over all trend for the commodity is in the
hand of bears now.
Weekly Call :
Sell on rises near 260 to 261
with stops above 265
for target 253,
close below 253 add further sells with stops at cost for target 240..
