MCX Natural Gas September 2017 Weekly: Further Rise Above 199.5 Closing 19 Sep 2017 10:52 am   0 Comments  |   Post Comment  |  Font Size A A A  Report for Date: 18/09/2017 MCX Natural Gas September 2017 Weekly: Further Rise Above 199.5 Closing MCX Natural Gas (Price figures below are in Rs/INR per Kg) Cover short position at 193.9 or below. Expect higher range of 200.3-202 to be tested. Further rise is above 202 closing. Weakness will resume below 185. Overall sideways volatility between 199.5-182 is being witnessed. Traders can buy above 199.5 with low of the week as the stop loss or 193.90 whichever is lower. TREND INFORMATION WITH WEEKLY LEVELS STRATEGY CLOSE DRV TREND* Trend Price Trend Date L1 L2 CP L3 L4 Hold Short 193.90 196.92 DOWN 193.70 2.06 172.9 186.6 193.1 200.3 214.0 *Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV. PRICE, VOLUME AND OPEN INTEREST STRATEGY Last Close Price G/L% Volume V -G/L% Open Interest OI -G/L % Candle Position 193.9 4.5 247058736 8.6 4039 -53.0 Positive Unwinding TECHINCAL INDICATORS TABLE RSI 1-ROC-RSI Stochastic 1-ROC- Stochastic MACD 1-ROC MACD RS 1-ROC RS 49.38 9.14 68.75 7.39 -3.68 13.00 51.82 21.42 Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Domestic Weekly Technical Analysis *MCX : Crude Oil & Natural Gas Weekly Chart *MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart MCX : Crude Oil & Natural Gas Weekly Chart more Top 5 News NCDEX : Guar Gum & Guar Seed Weekly Chart NCDEX : Castor Seed Weekly Chart NCDEX Turmeric Weekly Chart* NCDEX : Dhaniya & Jeera Weekly Chart NCDEX : Cotton Seed & Kapas Weekly Chart Top 5 Special Reports Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp...