MCX NATURAL GAS monthly prediction for dec. 2017
Mcx natural gas future in month of november closed at 196.4 with gain.
for month of december, mcx natural gas is trading at major support fo 198 rupees.
below 198, expect downtrend and lower level up to 184 to 166. and if sustain above 198 then expect upside targets of 215 to 229.
from long term view, natural gas future achieved 209 level and now look like resumed downtrend.