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Sunday, June 29, 2014

NATURAL GAS UPDATES FOR JUNE 29 2014

SUNDAY



WEEKLY UPDATE



Natural gas was broadly trading in the range between 250 to 290 levels,


prices last week dropped to 265 levels from 280 levels in the mid of week,


now very strong supports seen at 255 levels we epxect natural gas to drop


further to test 255 to 250 levels in the days to come with strong resistance above 273$.


Weekly call :


Sell natural gas at Cmp 265


and on rises up to 268 levels


with stops above 273 for targets 259 and 256.