Commodity Natural gas Report

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preeti00
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Joined: Wed Mar 02, 2011 9:09 pm

Commodity Natural gas Report

Post by preeti00 » Fri Mar 25, 2011 2:23 am

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The commodity MCX Mar contract for natural gas is opened up this morning at 194 vs. previous close of 192.8 made the same level as an intraday low and last traded at 194.8 up by 2 rupees after it made an intraday high at 196.8. Natural gas future prices have risen more than 13% and could test 205-215 levels. The commodity positional trader should buy on dips.
Natural Gas MCX: Buy April at 187 TP 196-204 SL 182

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