mcx natural gas weekly : downside support/ tgts are 105 and 92

mcx natural gas future weekly technical analysis for 7 to 11 march 2016

mcx natural gas future weekly technical analysis for 7 to 11 march 2016

Mcx natural gas future this week closed with loss. This was fifth losing week for this energy commodity.   Mcx natural gas weekly price trend and momentum both are strong bearish.   On upside 115 and 129 are strong resistances. Below 129 outlook and strategy remain sell on rise. On downside 105 is first support as well as target zone. Below it next target will be 91.

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