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Monday, 25 March 2013

Natural gas trend 26/03/2013

Trend updated for-Mar/26/2013.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 . Cautious point is buying at higer levels seems decreasing. 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 Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 212-207-200-189-187-. Immediate resistance for Naturalgas is 220
Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways so short term investor better to buy only above 218.9 with stop at 211.3 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 220.1 with a stop at 213.3 Below 211.3 go for sell
Intraday Resistance of NATURALGAS are 217.7/219.4/223.4/227.6/234.8/238.9/246.7/254.6
Intraday Support of NATURALGAS are 213.7/212/209.3/205.2/198.5/194.8/187.9/181.1

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