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Wednesday 24 August 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 24 AUGUST 2016

Naturalgas trading range for the day is 175.5-188.9. Natural gas rallied above 184 level as forecasts for warmer than normal temperatures across the US in the days ahead. A weather system exiting the northeastern US has left slightly cool temperatures in its wake with highs only in the upper 70s to lower 80s. Overbought conditions will also soon be a factor to put pressure on prices else prices can test 190 level soon. For more Accurate COMMODITY TIPS ✆ – 0731-6642300

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