Thursday 24 July 2014

CAPITAL STROKE UPDATE 25-July-2014 : MCX NATURAL GAS




Trend updated for-Jul/25/2014.CMP-231 Overall trend of the Naturalgas is bearish for medium-long term Currently Naturalgas is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Naturalgas is now trading in oversold level. The Naturalgas is now trading in oversold level. The oscillator is showing SELL signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 225.Resistance for the Naturalgas is 240-245-255-264-269-270-

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