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Tuesday, 2 April 2013

Natural gas news

Trend updated for-Apr/03/2013.CMP-217 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 .. 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 214-207-192-189-. Immediate resistance for Naturalgas is 229

Currently Naturalgas is in HOLD SHORT position Naturalgas is moving sideways so short term investor better to buy only above 228.2 or hold with stop at 215.5 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 220.6 with a stop at 214.5 Below 212.8 go for sell

Intraday Resistance of NATURALGAS are 218/219.4/221.6/224.9/229.1/236.4/240.4/248.2/256.2
Intraday Support of NATURALGAS are 215.4/214/211.8/210.7/206.7/199.9/196.2/189.2/182.4

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