Thursday, August 23, 2018

Forex and Mcx Report and Asian Metal Market Update: 24th August 2018

Currency Report for Exporters and Importers :24th August 2018



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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