MCX Report: 1st March 2019
Friday, March 1, 2019
TIME 9:07 AM IST
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Natural gas will see small periods of sudden knee jerk moves followed by long periods of consolidation.
Natural gas 26th March 19 (previous day close/CMP Rs.198.90):
Key Support: 196.10
Key Resistance: 204.60
- NG can fall to 191.10 as long as it trades below 202-203 zone.
- NG needs to trade over 202 to rise to 207 and 211.
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NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
The analyses are based on closing price of previous day. Maintaining proper stop loss is always recommended.
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