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Wednesday, 10 April 2013

Natural gas news

Trend updated for-Apr/10/2013.CMP-220 The Naturalgas is in long- medium- short-medium- short- term bull phase .Currently Naturalgas is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . 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 218-213-197-192-191-.Resistance for the Naturalgas is 222-
Currently Naturalgas is in HOLD LONG position Naturalgas is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 223.3 with a stop at 217.4 Below 215.7 go for sell
Intraday Resistance of NATURALGAS are 221.2/222.9/225.6/227.9/232.2/239.5/243.6/251.4/259.4
Intraday Support of NATURALGAS are 217.8/216.1/213.4/209.6/202.8/199/192/185.2

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