Monday 1 September 2014

CAPITAL STROKE COMMODITY UPDATE 02-SEP-2014 : MCX NATURAL GAS


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 Naturalgas is in HOLD LONG position.Positionally Support for the Naturalgas is 245-239-238-237-.Resistance for the Naturalgas is 255-262- For more details visit: http://www.capitalstroke.com

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