MCX NATURAL GAS TIPS FOR TODAY: NG 204 to 216.70, Profit 31,750 in 2 Lots, Trade Wtih Neal bhai and Mint Money. Cover Your Losses With Neal Bhai mcx king.
Prices of natural gas seem to have met some decent support in the $2.40 region per MMBtu and manage to leave behind three consecutive daily pullbacks at the beginning of the week.
The commodity gathers some traction on the back of colder days ahead in the US, although the broad-based outlook remains tilted to the negative side amidst the absence of a strong driver for the time being. On this, Friday’s figures in natural gas futures markets appear to support the underlying negative outlook for the commodity in the very near term at least.
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