mcx natural gas weekly outlook for 19 to 23 oct 2015

NATURAL GAS future this week closed at 157.2 with loss.
ng 5 weeks trend channel is down
and 20 weeks trend channel is down.
weekly chart RSI is at 32 with sell signal.
mcx natural gas weekly support zones are 156 and 152.
mcx natural gas weekly resistance zones are 159 and 161.
mcx natural gas weekly trading call will be
sell mcx ng future near 160-163 on bounce back
with strict stop loss for targets 156 and then 152.

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Pramod Baviskar

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