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Saturday, 23 March 2013

Natural gas trend 25/03/2013

Trend updated for-Mar/25/2013.CMP-214 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 .. The Naturalgas is now trading in highly overbought level. The Naturalgas is now trading in highly overbought level. The oscillator is showing SELL signal For short term The current position is BUY .Positionally Support for the Naturalgas is 208-204-197-189-188-186-. Immediate resistance for Naturalgas is 220
Currently Naturalgas is in HOLD LONG position In short term Naturalgas is in strong up trend so hold with stop at 212 The Naturalgas is now trading is approaching overbought level. The oscillator is on SELL signal and Naturalgas is coming down from overbought leve

Intraday Trend- Buy is advised above 218.2 with a stop at 211.4 Below 209.5 go for sell with stop at 216.2
Intraday Resistance of NATURALGAS are 215.1/216.5/218.7/221.9/226.1/233.3/237.4/245.1/253
Intraday Support of NATURALGAS are 212.5/211.1/208.9/203.8/197.1/193.4/186.5/179.8

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