Wednesday 13 August 2014

CAPITAL STROKE UPDATE 14 August 2014 : MCX NATURAL GAS




Trend updated for-Aug/14/2014.CMP-236 Overall trend of the Naturalgas is bearish for medium-long term.Currently Naturalgas is in strong uptrend with good momentum 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 The current position is BUY .Positionally Immediate support for Naturalgas is 234.Resistance for the Naturalgas is 240-241-256-261-265-

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