mcx natural gas weekly technical outlook for 16 to 20 nov 2015

mcx natural gas this week closed at 154.5 with loss.
this was first losing week after last 2 weeks recovery rally.
NG future price trend and momentum are
bearish but recovery rally still active.
mcx natural gas weekly support zones are 151 and 144.
mcx natural gas weekly resistance zones are 158 and 162.
mcx natural gas future weekly trading call will be
buy and accumulate around or below support zones
with strict stoploss for targets 158 and 162.

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Pramod Baviskar

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