Sunday, 13 January 2013

NATURALGAS TREND FOR TODAY-14-JAN-2013


Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Support for the Naturalgas is 180-177-.Resistance for the Naturalgas is 184-188-194-

Short term and Intraday Level of NATURALGAS

Currently Naturalgas is in HOLD SHORT position Naturalgas has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 186.6 with stop at 170.4 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 186.6 with a stop at 179.8 Below 177.8 go for sell and put stop at 184.6
Intraday Resistance of NATURALGAS are 183.3/184.2/188.6/192.5/199.1/202.9/210.1/217.4
Intraday Support of NATURALGAS are 181.1/180.2/175.6/172/165.8/162.4/156.1/149.9


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