MCX Crude Oil report : 17th September 2019

Insignia Consultants

New Delhi

Tuesday, 17 September 2019

TIME 9:04 AM IST                         

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MCX NATURAL GAS REPORT

I continue to remain bullish on natural gas. MCX natural gas has bottomed out for the rest of the year. MCX natural gas should rise to 250-300 zone before the year end as long as it trades over 155-165 zone. Sharp crashes (if any) should be used to invest.

Natural gas 25^th September 19 (previous day close/CMP Rs.192.70):

• NG can rise to 206 by tomorrow as long as it trades over 182-184 zone.
• Sellers will be there below 182.
• Overall trend is bullish as long as NG trades over 182 till future close on 25^th September 2019.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Websitewww.insigniaconsultants.in. Prepared by Chintan Karnani

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

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NOTES TO THE ABOVE REPORT

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