Mcx natural gas heading towards target of 179

Mcx natural gas intraday outlook 4th November 2016 Mcx natural gas intraday outlook 4th November 2016 Mcx natural gas future last closed at 187.3 with flat positive gains. This was first positive session after last 4 negative sessions. Mcx natural gas future intraday outlook remain weak and strategy remain as sell on rise.   For intraday, mcx natural gas intraday resistances are 191 and 194 and these are fresh short entry zones. On downside natural gas have target zones at 183 and 179 levels.   Positional trader’s hold shorts with trailing stop loss for target 179

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Pramod Baviskar

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