Thursday, January 5, 2017

NATURAL GAS UPDATES FOR JAN 5 2017

THURSDAY




TRADING LEVELS FOR EVENING SESSION




MCX NATURAL GAS



SUPPORT 220.20 217.30 214.20




RES 227.60 231.20 234.60


WAIT FOR CONFIRMATION



In the morning session traded higher


Current High Rs 225.20


Inventory expected tonight .

Immediate support seen at Rs 222\


So volatility expected .




Currently trading at Rs 383.20


Res seen now at Rs 385


Support seen at Rs 383 and then at Rs 381


We will update as and when any further movement is seen .


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