MCX NATURAL GAS REPORT

Natural gas 25^th September 18 (previous day close/CMP Rs.202.20):

Bullish over 203.60 with 210.40 and 215.10 as price target.

Bearish below 202.20 with 198.20 and 194.70 as price target.

Neutral Zone: 200.10-203.60

One Support: 202.20

One Resistance: 209.60

o NG can rise to 210.40 and 213.60 as long as it trades over 202.20

o Sellers will be there only below 202.20.

o I am against going long in NG as long as it does not break and trade over 210.40 till Friday.

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