Thursday, 18 September 2014

Natural Gas and oil Technical Recommendations

Crude Oil
Crude oil prices are expected to have support at Rs.5700-5710 and buying can be seen there. Prices on higher side can test Rs.5770-5780. Prices should not fall below Rs.5660 to maintain the positive outlook.

Natural Gas
Natural Gas prices have immediate resistance at Rs.242.0-243.0 and prices can see buying interest at this level. On higher side prices can extend rise towards Rs.248.0 249.0. Prices should not fall below 240.0 to maintain positive outlook.

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