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Sunday, December 21, 2014

NATURAL GAS UPDATES FOR DEC 21 2014

SUNDAY



WEEKLY UPDATE



Natural gas prices dropped last week to test its critical supports @ 220 levels,


close below 220 we may expect a steep correction up to 197 levels, with some


intermediate supports, natural gas prices has already given a breakdown but


immediate supports at 220 is the only concern, closes below the said levels then


we expect prices to test 210 205 200 and 197 levels.



Weekly Call :



Sell Natural gas only below 218.5 on closing basis



with stops above 225


for targets 210 , 205, 200 and 197.

Wednesday, December 17, 2014