Friday, 12 April 2013

View on Natural Gas:


Natural Gas has been hovering in  the trading range of  $4.004 to $4.181, in INR the range has been 222-229 and is expected to be within the same range for at least one more week. Any break out above 229 might drag the price up to Rs 234- 239 any break put below Rs 220 might drag the price of Natural Gas below 212 and 202.

View for Today's Trade:  Buy N.Gas around 227 with a strict stop loss below 225.50 with a target 229.5 and 230.

1 comment:

  1. Natural Gas closed at 231.30 before making a high of 232.40. So we can expect that our recommendation must have made some money for the traders. Cheers!!

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