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Thursday, 4 April 2013

Natural gas news



Trend updated for-Apr/04/2013.CMP-215 The Naturalgas is in long- medium- short-medium- 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 208-193-190-189-.Resistance for the Naturalgas is 217-218-
Currently Naturalgas is in HOLD SHORT position Naturalgas has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below211.5 Buy if above 228.2 The oscillator is showing SELL signal


Intraday Trend- Buy is advised above 219.3 with a stop at 213.3 Below 211.5 go for sell
Intraday Resistance of NATURALGAS are 217.1/218.5/223/227.2/234.4/238.5/246.3/254.2
Intraday Support of NATURALGAS are 213.7/212.3/208.9/204.9/198.1/194.4/187.5/180.7

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