NATURAL GAS UPDATES FOR APRIL 10 2016

SUNDAY



WEEKLY UPDATE




Mcx Natural gas last week 137 levels to 132.5 and recovered back to close at



134 levels, prices was not able to sustain above 136.5 levels, thrice it went



above those levels and dropped back to 133 levels, we expect prices to correct



from current levels to 130 levels with strong resistance above 136.5 levels.



Weekly Call :



Sell Mcx Natural gas between 134 – 134.5



with Sl above 136.5



for targets 132 and 130 .


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