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Monday, 8 April 2013

Naturalgas news

Trend updated for-Apr/08/2013.CMP-230 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 219-217-211-196-191-190-. Immediate resistance for Naturalgas is 236
Currently Naturalgas is in HOLD LONG position Naturalgas is in sideways and sellers was at high so for short term better buy above 235 or hold with stop at 213.2 The next resistance will be at 234.8 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 235 with a stop at 226.5 Below 224.1 go for sell and put stop at 232.5
Intraday Resistance of NATURALGAS are 231.8/234.2/238/241.9/249.4/253.6/261.6/269.7
Intraday Support of NATURALGAS are 227.2/224.8/221/218.8/211.9/208/200.9/193.9

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