energy intraday report 6th may 2016

energy intraday report 6th may 2016

Mcx crude oil future on 5th may 2016 closed at 2948 with gain.

 

Crude given strong rebound signaling rally will continue. For 6th may 2016 intraday 2970 and 3035 are resistances while 2895 and 2835 are support levels.

 

 

 

Mcx natural gas future on 5th may 2016 closed at 139 with loss. Ng future is consolidating in 136 to 145 range.

 

For today 6th may 2016, ng future intraday support zones are 137 and 134 while on upside 140 and 144 are strong resistances.

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