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Sunday, April 17, 2016

NATURAL GAS UPDATES FOR APRIL 17 2016

SUNDAY



WEEKLY UPDATE



Mcx Natural Gas last week dropped from 136 levels to close at 126 levels immediate and strong


supports for the commodity is at 126 levels only and any breakdown below 126 we expect


further correction to take place up to 121 levels, sell at current prices and on rises is advisable.



Weekly Call :



Sell Mcx Natural Gas at CMP



and on rises between 127.5 – 129



with SL above 131.5



for target 121.


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