mcx natural gas future outlook for 9 to 13 may 2016

mcx natural gas future outlook for 9 to 13 may 2016

Mcx natural gas future this week closed with gain. This was third positive week for ng future.

 

For next week, natural gas future outlook remain bullish and strategy above 139 remain buy on dips. On upside 152 and 162 are resistances as well as tgt zones.

 

Below 139 on weekly closing basis, ng become bearish and sell for tgts 131 and 117.

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