Monday, 25 August 2014

Oil and Natural Gas Stock Price

Crude oil prices are expected to have support at $93.00 i.e. Rs.5660 around in MCX September contract and buying can be seen there. Prices on higher side can test Rs.5720. Prices should not fall below $92.50 i.e. Rs.5620 to remain positive for the day. 

Natural Gas prices are expected to have intraday resistance at Rs.234 and selling can be seen there. Prices are expected to remain weak till it trades below Rs237.0. On lower side prices can travel towards Rs.228 and Rs.226.0

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