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Finance
Wednesday 30 January 2013
MCX update about Natural gas
Natural gas face strong resistance at 193-195.
and below 1836 it looks weak for medium term.Current market price is 176 . so for short term try to sell natural gas on every rise for target of 173-171.
Natural gas moving sideways with good volume for bearish trend but for selling position give a stop loss of 184 because above 184 there is chances of reversing trend from downtrend to uptrend.
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