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Sunday, April 20, 2014

MCX NATURAL GAS UPDATES FOR APRIL 20 2014

SUNDAY

WEEKLY UPDATE


Natural gas after long consolidation last week gave a move and 

close near its resistance of say 285 levels , we expect prices to move

 further to test its next level of say 300 levels if prices gives a break 

above 287.5// short tern 287.5 remains a key resistance above that 

it is expected to test 300 mark, technical indicators also confirms the bullish sign.

Weekly Call :



Buy Natural Gas only above 287.5 

and add one more at 284 

with stops below 280 for 

targets 295 and 300 levels.