WEEKLY MCX
METALS AND ENERGIES TECHNICAL VIEW
Natural
gas 28th August 18 (previous day close/CMP Rs.206.60):
Support: 192.90-196.10-197.60-203.30
Resistance:
209.50-212.30-217.70-223.20
o
100% retracement at 209 is the key resistance. Only a
break of 209 will result in a rise to 217.70 and 223.20
o
Sell off or bearish trend will be there if (a) NG does
not break 212.30 (b) NG falls below 197.60.
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