Natural gas

Trend updated for-Apr/05/2013.CMP-215 The Naturalgas is in long- medium- short-medium- term bull phase .Currently Naturalgas is moving sideways 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 .In last 1 month volatality is very less and fresh Buy can be considered in the Naturalgas if it close above229 or buy with strict stop at 208. 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 209-194-190-.Resistance for the Naturalgas is 217-219-

Currently Naturalgas is in HOLD SHORT position The Naturalgas is in downtrend For short term buy only if close above 219.0 Selling pressure seems to be deceasing so Short term investor with risk aptitude can enter again if it close above 220.7 but caution- close Below low5 fresh selling can occur The Naturalgas is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 219.1 with a stop at 213.1 Below 211.3 go for sell
Intraday Resistance of NATURALGAS are 216.7/218.3/220.9/222.8/227/234.3/238.3/246.1/254
Intraday Support of NATURALGAS are 213.7/212.1/209.5/204.7/198/194.3/187.4/180.6