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Sunday, March 29, 2015

NATURAL GAS UPDATES FOR MARCH 29 2015

SUNDAY



WEEKLY UPDATE




Natural gas prices was trading in the range between 169 – 180 levels for last three weeks


and last week it has given a breakdown below 169 and closed at 166.5 levels, trend for the


commodity remains bearish and we expect prices to test 160 levels immediately with strong



resistance above 172.5 levels. Sell at current levels and on rises up to 168 with stops


above 172.5 for the said targets.



Weekly Call :



Sell Mcx Natural gas on rises between 166.5 – 168



with stops above 172.5



for target 160.



Any breakdown and close below 160 may pull down the prices to 155 and 152 levels.

Friday, March 27, 2015

NATURAL GAS UPDATES FOR MARCH 27 2015

FRIDAY 7.25 PM IST



Natural gas book part profits at cmp Rs 166.80


Sells at Rs 167,70 to 168.20

NATURAL GAS UPDATES FOR MARCH 27 2015

FRIDAY 7.00 PM IST





TRADING CALL




Sell MCX Natural gas between 167.70 to 168.20




Stops above Rs 170





For tgts 165





Trade less