NATURAL GAS UPDATES FOR FEB 1 2016

WEEKLY UPDATE





Mcx Natural gas after a long consolidation for last whole week prices given a breakout at



150 levels after inventory day and closed at 156 levels now trend for the commodity



looks very bullish and we expect prices to jump further up to 162 – 165 levels with



strong supports below 150 levels.



Buy at cmp and on dips is advisable .




Weekly Call :




Buy Mcx natural gas between 154 – 156



with SL below 150



for targets 162 – 165




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