Wednesday, 27 August 2014

CAPITAL STROKE UPDATE 28 August 2014 : MCX NATURAL GAS




Trend updated for-Aug/28/2014.CMP-241 Overall trend of the Naturalgas is bearish for medium-long term .Currently Naturalgas is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Naturalgas is in HOLD SHORT position.Positionally Support for the Naturalgas is 238-235-.Resistance for the Naturalgas is 249-256-262-

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