Thursday, May 9, 2013

NATURAL GAS UPDATES: NG Future down o.50 percent today

MCX Natural gas may lose Rs 1.60 or 0.64 to Rs 215 in the domestic market. However international also sipped near 0.7 percent today.
Natural gas

At the multi commodity exchange (MCX) June contact has moved down by Rs 1.4 or 054 percent due last close. Current market rate is 218.7.

The Natural gas is in long- term bull phase .Currently Natural gas is in strong downtrend and the trend is supported with good volume the open interest is not increasing with trend. The first levels of resistance is 219 and next one 221. Best supporting range is 214.3 to 212.1.

Advices: You can buy MCX Natural gas near to 215 Targets 216,217 Stop Loss 213.




MCX Trading Calls

~ Buy MCX Copper above 401.50 with in June contract Targets 402.50, 403.50 Stop Loss 439.50.

~ Sell MCX Crude oil may below 5230 TGT 5215, 5200 Stop Loss 5260.
 

3 comments:

Unknown said...

i like your posting, you define very well & 10 May 2013 buy & Sell best calls are here plz visit & check out our calls percentes
share market tutorial& 10 Days free trail form share market intraday tips
& equity market tips

Analyst said...

I really appreciate your post and you explain each and every point very well. The content is amazing, keep posting friend it will be very helpful for everyone .You made some good points. Thanks for it. Regards with Commodity Trading Tips Today

Unknown said...

Get all updates for Commodity market and daily free calls for Best Commodity Tips, get more updates click now: maxcommodity.com

Post a Comment

Note: Only a member of this blog may post a comment.

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Best Hostgator Coupon Code