mcx natural gas weekly technical call for 4 to 8 jan 2016

mcx natural gas weekly technical call for 4 to 8 jan 2016
mcx natural gas future this week closed with gain at 156.7.
mcx ng weekly chart price trend and momentum both are strong bullish.
 
 
For medium term, mcx natural gas support zones are 147 and 132.
On upside expect strong resistance at 162 and 176 levels.
 
 
For next week , mcx natural gas above 147 will remian buy and accumulate.
 
 
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Pramod Baviskar

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