Wednesday 7 January 2015

CAPITAL STROKE UPDATE 08-JAN-2015 : MCX NATURAL GAS

Trend updated for-Jan/08/2014.CMP-184 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 oscillator is showing BUY signal For short term Naturalgas is in SELL position.Positionally Immediate support for Naturalgas is 179.Resistance for the Naturalgas is 193-201-214-237-238-

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