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Tuesday, 19 March 2013

Natural Gas trend 20/03/2013

Trend updated for-Mar/20/2013.CMP-216 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. 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 The current position is BUY .Positionally Support for the Naturalgas is 203-200-193-189-187-185-. Immediate resistance for Naturalgas is 218

Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 210 The Naturalgas is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 220.5 with a stop at 214 Below 212.1 go for sell with a stop at 218.6
Intraday Resistance of NATURALGAS are 218.2/220.1/223.2/225.7/232.9/237/244.8/252.6
Intraday Support of NATURALGAS are 214.4/212.5/209.4/207.5/203.5/196.7/193.1/186.2/179.4

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