ENERGY : NATURAL GAS MCX Sep Technical Commentary : 07.09.2016

ENERGY : NATURAL GAS MCX Sep  Technical Commentary : 07.09.2016


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As long as support at 179 holds downside, pullbacks to 181.5/183 ranges cannot be ruled. And such move stretching beyond 186 may lessen the prevailing weakness. However, a slide towards 176-175 or even more may be seen on a direct fall below 178

Technical Levels

R3 191/192.5/194
R2 186/188.5
R1 182/183

Turnaround 179
S1 177.5/176
S2 175/173
S3 170.6-169
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