MCX
METALS AND ENERGIES MARKET VIEWS
Natural
gas 28th August 18 (previous day close/CMP Rs.208.60):
Bullish
over 209.40 with 212.60 and 218.50 as price target.
Bearish
below 205.60 with 202.20 and 197.70 as price target.
Neutral
Zone: 205.60-209.40
One
Support: 205.60
One
Resistance: 209.40
o
100% retracement is at 209.00.
o
A break of 209 will trigger a rise to 214.20 and 221.
o
Sellers will be there below 205.60.
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