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Tuesday, 9 April 2013

Natural gas news

Trend updated for-Apr/09/2013.CMP-222 The Naturalgas is in perfect uptrend .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 on SELL signal and Naturalgas is coming down from overbought level For short term Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 220-218-212-197-192-191-. Immediate resistance for Naturalgas is 236
Currently Naturalgas is in HOLD LONG position Naturalgas is moving sideways so short term investor better to buy only above 234.8 with stop at 213.2 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 227.3 with a stop at 219.9 Below 217.7 go for sell
Intraday Resistance of NATURALGAS are 224.5/226.6/229.9/231.6/235.9/243.3/247.4/255.3/263.4
Intraday Support of NATURALGAS are 220.5/218.4/215.1/213.1/206.2/202.5/195.4/188.5

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