MCX Natural Gas Trend Today – Friday settled down by 4.6% at 138.9 on forecasts for lower demand next week than previously expected and longer-term projections that businesses will use less of the fuel and exports will drop in coming months due to government lockdowns to stop the coronavirus spread.
MCX Natural Gas Price
MCX Natural Gas Tips – Above 142 Buy Target 158—162 – Neal Bhai
MCX Natural Gas Tips – Above 142 Buy Target 158—162 – Neal Bhai
US shale oil production shut-in announcements have increased materially in the past two weeks. And after the record setting negative WTI contract move on Monday, we are likely to see even more pronounced shut-in announcements in the coming weeks.
Watch MCX Natural Gas Enjoy or Not 161 To 166.80 Boom Boom, I Told You Buy 500-1000 Lots – Neal Bhai
Watch MCX Natural Gas Enjoy or Not 161 To 166.80 Boom Boom, I Told You Buy 500-1000 Lots – Neal Bhai
U.S. natural gas prices have collapsed since the end of winter, even as inventory levels remain below average levels for this time of year.
Natural Gas $5.00 Level Should be Massive Resistance – Neal Bhai Reports
I believe that rallies are still to be sold, as the $5.00 level should be massive resistance. If we can break above there, then I think the market would take off to the upside very violently, but I think it’s very unlikely to happen.
MCX Natural Gas Price Strong Support ₹194 and Resistance seen at ₹203
Gold Silver Reports (GSR) – MCX Natural Gas Price Strong Support ₹194 and Resistance seen at ₹203 — Natural Gas on MCX settled down -0.74% at ₹199.9 after weekly storage injections topped expectations and the five-year normal for a second straight week.