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Monday, 22 July 2013

Naturalgas news and trend

Trend updated for-Jul/23/2013.CMP-219 Overall trend of the Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Naturalgas is in HOLD LONG position.Positionally Immediate support for Naturalgas is 211.Resistance for the Naturalgas is 221-222-224-

Short term and Intraday Level of NATURALGAS

Intraday Trend-Intraday better to buy above 228.2 and Sell if below209.9

Intraday Resistance of NATURALGAS are 221.3 : 223.6 : 227.4 : 229.6 : 234 : 238.5 : 241.8 : 245
Intraday Support of NATURALGAS are 216.7 : 214.4 : 210.6 : 208.6 : 204.5 : 200.3 : 197.4 : 194.5

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