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Monday, 18 March 2013

Natural gas news

Trend updated for-Mar/18/2013.CMP-209 The Naturalgas is in perfect uptrend .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Naturalgas Cautious point is buying at higer levels seems decreasing. The Naturalgas is now trading in overbought level. The Naturalgas is now trading in overbought level. The oscillator is showing SELL signal For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 199-197-190-189-185-184-. Immediate resistance for Naturalgas is 213

Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 205 The Naturalgas is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 213.1 with a stop at 207 Below 205.3 go for sell with a stop at 211.4
Intraday Resistance of NATURALGAS are 209.6/210/216.1/220.3/227.4/231.4/239.1/246.8
Intraday Support of NATURALGAS are 208.8/208.4/202.2/198.3/191.6/188/181.2/174.5

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