MCX Natural gas weekly-achieved sell TGTs 180.5 and 166

MCX natural gas weekly forecast for 18 to 22 dec. 2017


Mcx natural gas future this week closed at 166.8 with loss.

mcx natural gas future after breakdown below 196.5 hit bearish target 180.5 and now this week achieved 166 bearish target with low of 165.8.

now looking oversold so watch for reversal rally up to 180 to 196 rupees.

from long term view, natural gas future is in downtrend and heading for 152 rupee bearish target.



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Pramod Baviskar

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