MCX natural gas weekly-hit 180.5 and 165 sell TGTs now looking oversold

MCX natural gas weekly forecast for 25 to 29 dec. 2017

 

Mcx natural gas future this week closed at 170.5 with gain.

mcx natural gas after breakdown below 196.5, hit bearish sell targets of 180.5 and 165 rupees. now looking oversold on daily chart and might give bounce back ahead.

above 165, remain buy and accumulate for next week for bounce back move towards 180 and 190 rupees.

from long term view, mcx natural gas is looking weak and heading lower towards 152 rupee support zone but remain as value investment on lower levels.

 

 

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The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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