Tag Archives: natural gas today

Natural Gas Outlook for the Week (Feb 18, 2019 – Feb 22, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 18, 2019 – Feb 22, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 190 to 195. Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 196 and close the week around the levels of 186.

Minor resistance for the commodity lies in the zone of 183 to 185. Support for the commodity lies in the zone of 175 to 180 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 160 to 165 where the commodity has taken multiple support in the month of February-2018 and March-2018.

Minor resistance for the commodity lies in the zone of 190 to 195. Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 175 on downside & 195 – 205 on upside.

Natural Gas Outlook for the Week (Feb 11, 2019 – Feb 15, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 11, 2019 – Feb 15, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 6.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 185 to 190 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 183 and close the week around the levels of 185.

Support for the commodity lies in the zone of 175 to 180 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 160 to 165 where the commodity has taken multiple support in the month of February-2018 and March-2018.

Minor resistance for the commodity lies in the zone of 190 to 195. Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 175 on downside & 195 – 205 on upside.

Natural Gas Outlook for the Week (Feb 4, 2019 – Feb 8, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 4, 2019 – Feb 8, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 12.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 215 to 220 where break out levels and Fibonacci levels are lying.. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 205 where the commodity has taken multiple support and trend-line support for the commodity lies. During the week the commodity manages to hit a low of 196 and close the week around the levels of 197.

Support for the commodity lies in the zone of 185 to 190 where trend-line support for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 200 to 205 from where the commodity broke down from January-2019 low. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 220 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 170 – 180 on downside & 220 – 230 on upside.

Natural Gas Outlook for the Week (Jan 28, 2019 – Feb 1, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 28, 2019 – Feb 1, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 5.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 215 to 220 where break out levels and Fibonacci levels are lying.. If the commodity manages to close below these levels then the commodity can drift to the levels of 205 to 210 where the commodity has taken multiple support. During the week the commodity manages to hit a low of 213 and close the week around the levels of 225.

Support for the commodity lies in the zone of 215 to 220 where break out levels and Fibonacci levels are lying.. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 205 where the commodity has taken multiple support and trend-line support for the commodity lies.

Minor resistance for the commodity lies around 230 to 235. Resistance for the commodity lies in the zone of 250 to 255 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 260 to 265 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 200 – 210 on downside & 250 – 260 on upside.

Natural Gas Outlook for the Week (Jan 21, 2019 – Jan 25, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 21, 2019 – Jan 25, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 9.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 220 to 225 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 240 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a high of 265 and close the week around the levels of 239.

Support for the commodity lies in the zone of 215 to 220 where break out levels and Fibonacci levels are lying.. If the commodity manages to close below these levels then the commodity can drift to the levels of 205 to 210 where the commodity has taken multiple support.

Resistance for the commodity lies in the zone of 250 to 255 where Fibonacci levels and short & medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 260 to 265 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 210 – 220 on downside & 260 – 270 on upside.

Natural Gas Outlook for the Week (Jan 07, 2019 – Jan 11, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 07, 2019 – Jan 11, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 9.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 220 to 225 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 205 to 210 where break out levels and Fibonacci levels are lying. During the week the commodity manages to hit a low of 202 and close the week around the levels of 212.

Support for the commodity lies in the zone of 205 to 210 where break out levels and Fibonacci levels are lying.. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 185 where trend-line support and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 220 to 225 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 240 where Fibonacci levels and long term moving averages are lying

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 230 – 235 on upside.

Natural Gas Outlook for the Week (Dec 31, 2018 – Jan 04, 2019)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 31, 2018 – Jan 04, 2019) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 12.40%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 258 to 260. Support for the commodity lies in the zone of 250 to 255 from where the commodity broke out of October-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 235 to 240 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 231 and close the week around the levels of 232.

Support for the commodity lies in the zone of 220 to 225 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 205 to 210 where break out levels and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 235 to 240 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 250 to 255 from where the commodity broke down after consolidation, Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 205 – 210 on downside & 255 – 260 on upside.

Natural Gas Outlook for the Week (Dec 24, 2018 – Dec 28, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 24, 2018 – Dec 28, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 255 to 260 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 251 and close the week around the levels of 265.

Minor support for the commodity lies in the zone of 258 to 260. Support for the commodity lies in the zone of 250 to 255 from where the commodity broke out of October-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 235 to 240 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 270 to 275. Resistance for the commodity lies in the zone of 280 to 285 where long term Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 310 to 315 where channel resistance and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 245 – 250 on downside & 285 – 290 on upside.

Natural Gas Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 17, 2018 – Dec 21, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 14.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360 where high for the month of November-2018 is lying. During the week the commodity manages to hit a high of 335 and close the week around the levels of 278.

Support for the commodity lies in the zone of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 255 to 260 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 310 to 315 where channel resistance and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 260 – 265 on downside & 295 – 300 on upside.

Natural Gas Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 10, 2018 – Dec 14, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 300 and close the week around the levels of 324.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360 where high for the month of November-2018 is lying.

Broad range for the commodity in the coming week can be seen between 285 – 290 on downside & 345 – 350 on upside.

Natural Gas Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Dec 03, 2018 – Dec 07, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 282 and close the week around the levels of 315.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360 where high for the month of November-2018 is lying.

Broad range for the commodity in the coming week can be seen between 285 – 290 on downside & 335 – 340 on upside.

Natural Gas Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Nov 26, 2018 – Nov 30, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 4.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 290 and close the week around the levels of 307.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 335 to 340 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360.

Broad range for the commodity in the coming week can be seen between 275 – 280 on downside & 330 – 335 on upside.

Natural Gas Outlook for the Week (Nov 19, 2018 – Nov 23, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Nov 19, 2018 – Nov 23, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 9.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 277 to 280 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 286 to 290 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 359 and close the week around the levels of 297.

Support for the commodity lies in the zone of 285 to 290 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 265 to 270 from where the commodity broke out of December-2016 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 325 to 330 from where the commodity has broken down on Intraday basis. If the commodity manages to close above these levels then the commodity can move to the levels of 355 to 360.

Broad range for the commodity in the coming week can be seen between 255 – 265 on downside & 350 – 360 on upside.

Natural Gas Outlook for the Week (Nov 12, 2018 – Nov 16, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Nov 12, 2018 – Nov 16, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 13.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 240 to 243 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 250 to 255 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 276 and close the week around the levels of 272.

Minor support for the commodity lies in the zone of 269 to 270. Support for the commodity lies in the zone of 262 to 265 from where the commodity broke out of December-2016 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 250 to 253 from where the commodity broke out of October-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 277 to 280 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 286 to 290 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 250 – 255 on downside & 285 – 290 on upside.

Natural Gas Outlook for the Week (Oct 29, 2018 – Nov 02, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Oct 29, 2018 – Nov 02, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 230 to 232 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 223 to 226 from where the commodity broke out of September-2018 high and Fibonacci levels are lying. During the week the commodity manages to hit a low of 229 and close the week around the levels of 236.

Support for the commodity lies in the zone of 228 to 231 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 222 to 225 from where the commodity broke out of September-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 240 to 243 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 250 to 255 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 220 – 225 on downside & 245 – 250 on upside.

Natural Gas Outlook for the Week (Oct 22, 2018 – Oct 26, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Oct 22, 2018 – Oct 26, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 238 to 241 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 255 to 260 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 244 and close the week around the levels of 238.

Support for the commodity lies in the zone of 230 to 232 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 223 to 226 from where the commodity broke out of September-2018 high and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 240 to 243 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 255 to 260 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 220 – 225 on downside & 250 – 255 on upside.

Natural Gas Outlook for the Week (Oct 15, 2018 – Oct 19, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Oct 15, 2018 – Oct 19, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 225 to 230 from where the commodity broke out of high formed in the month of January-2018 and September-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 208 to 210 from where the commodity broke out of July-2018 and August-2018 high. During the week the commodity manages to hit a low of 231 and close the week around the levels of 234.

Support for the commodity lies in the zone of 225 to 230 from where the commodity broke out of high formed in the month of January-2018 and September-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 208 to 210 from where the commodity broke out of July-2018 and August-2018 high.

Resistance for the commodity lies in the zone of 238 to 241 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 255 to 260 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 210 – 215 on downside & 250 – 255 on upside.

Natural Gas Outlook for the Week (Oct 08, 2018 – Oct 12, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Oct 08, 2018 – Oct 12, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 6.90%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 225 to 230 where the commodity has formed a high in the month of January-2018 and September-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 240. During the week the commodity manages to hit a high of 240 and close the week around the levels of 233.

Support for the commodity lies in the zone of 225 to 230 from where the commodity broke out of high formed in the month of January-2018 and September-2018. If the commodity manages to close below these levels then the commodity can drift to the levels of 208 to 210 from where the commodity broke out of July-2018 and August-2018 high.

Resistance for the commodity lies in the zone of 235 to 240. If the commodity manages to close above these levels then the commodity can move to the levels of 255 to 260 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 210 – 215 on downside & 250 – 255 on upside.

Natural Gas Outlook for the Week (Oct 01, 2018 – Oct 05, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Oct 01, 2018 – Oct 05, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 225 to 230 where the commodity has formed a high in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 240. During the week the commodity manages to hit a high of 226 and close the week around the levels of 218.

Support for the commodity lies in the zone of 208 to 210 from where the commodity broke out of July-2018 and August-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 203 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 225 to 230 where the commodity has formed a high in the month of January-2018 and September-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 240.

Broad range for the commodity in the coming week can be seen between 200 – 205 on downside & 230 – 235 on upside.

Natural Gas Outlook for the Week (Sep 24, 2018 – Sep 28, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Sep 24, 2018 – Sep 28, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 7.80%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 208 to 210 where high for the month of June-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018. During the week the commodity manages to hit a high of 216 and close the week around the levels of 215.

Support for the commodity lies in the zone of 208 to 210 from where the commodity broke out of July-2018 and August-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 200 to 203 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 225 to 230 where the commodity has formed a high in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 235 to 240.

Broad range for the commodity in the coming week can be seen between 195 – 200 on downside & 230 – 235 on upside.

Natural Gas Outlook for the Week (Sep 17, 2018 – Sep 21, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Sep 17, 2018 – Sep 21, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 0.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 198 to 200. Support for the commodity lies in the zone of 193 to 195 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 186 to 189 where low for the month of July-2018 and August-2018 is lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 200.

Minor support for the commodity lies in the zone of 198 to 200. Support for the commodity lies in the zone of 193 to 195 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 186 to 189 where low for the month of July-2018 and August-2018 is lying.

Minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 208 to 210 where high for the month of June-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 185 – 190 on downside & 210 – 215 on upside.

Natural Gas Outlook for the Week (Sep 10, 2018 – Sep 14, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Sep 10, 2018 – Sep 14, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.00%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 200 to 202. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 198 to 200. Support for the commodity lies in the zone of 193 to 195 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 186 to 189 where low for the month of July-2018 and August-2018 is lying.

Minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 208 to 210 where high for the month of June-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 185 – 190 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (Sep 03, 2018 – Sep 07, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Sep 03, 2018 – Sep 07, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 200 to 202. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 200 and close the week around the levels of 207.

Minor support for the commodity lies in the zone of 200 to 202. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 208 to 210 where high for the month of June-2018 and August-2018 are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 220 – 225 on upside.

Natural Gas Outlook for the Week (Aug 27, 2018 – Aug 31, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Aug 27, 2018 – Aug 31, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 200 to 202. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 201 and close the week around the levels of 204.

Minor support for the commodity lies in the zone of 200 to 202. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 208 to 210 where high for the month of June-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (Aug 20, 2018 – Aug 24, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Aug 20, 2018 – Aug 24, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 206 to 210 where high for the month of June-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018. During the week the commodity manages to hit a high of 209 and close the week around the levels of 207.

Minor support for the commodity lies in the zone of 200 to 202. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 208 to 210 where high for the month of June-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 195 – 200 on downside & 220 – 225 on upside.

Natural Gas Outlook for the Week (Aug 13, 2018 – Aug 17, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Aug 13, 2018 – Aug 17, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 3.40%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 195 to 198. Resistance for the commodity lies in the zone of 205 to 210 where high for the month of June-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018. During the week the commodity manages to hit a high of 204 and close the week around the levels of 203.

Minor support for the commodity lies in the zone of 198 to 200. Support for the commodity lies in the zone of 190 to 194 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 206 to 210 where high for the month of June-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 210 – 215 on upside.

Natural Gas Outlook for the Week (Aug 06, 2018 – Aug 10, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Aug 06, 2018 – Aug 10, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 188 and close the week around the levels of 196.

Support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 195 to 198. Resistance for the commodity lies in the zone of 205 to 210 where high for the month of June-2018 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (July 30, 2018 – Aug 03, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (July 30, 2018 – Aug 03, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 187 and close the week around the levels of 193.

Support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 195 to 198. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (July 23, 2018 – July 27, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (July 23, 2018 – July 27, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 187 and close the week around the levels of 190.

Support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 195 to 198. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (July 16, 2018 – July 20, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 195 where short; medium and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 185 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 189 and close the week around the levels of 190.

Support for the commodity lies in the zone of 187 to 190 where medium and long term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 182 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 195 to 198. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (July 09, 2018 – July 13, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 2.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 195 where short; medium and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 185 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 195 and close the week around the levels of 197.

Support for the commodity lies in the zone of 190 to 195 where short; medium and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 185 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (July 02, 2018 – July 06, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018. During the week the commodity manages to hit a high of 209 and close the week around the levels of 201.

Support for the commodity lies in the zone of 190 to 195 where short; medium and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 185 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (June 25, 2018 – June 29, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.10%.

As we have mentioned last week, that support for the commodity lies in the zone of 200 to 203 from where the commodity broke out of May-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 187 to 190 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a low of 197 and close the week around the levels of 200.

Support for the commodity lies in the zone of 190 to 195 where short; medium and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 185 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 203 to 205. Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (June 18, 2018 – June 22, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 5.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed. During the week the commodity manages to hit a high of 208 and close the week around the levels of 206.

Support for the commodity lies in the zone of 200 to 203 from where the commodity broke out of May-2018 high. If the commodity manages to close below these levels then the commodity can drift to the levels of 187 to 190 where Fibonacci levels and short term moving averages are lying.

Resistance for the commodity lies in the zone of 210 to 215 where the gap is formed in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 225 to 230 where the commodity has formed a high in the month of January-2018.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (June 11, 2018 – June 15, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed. During the week the commodity manages to hit a high of 201 and close the week around the levels of 196.

Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 where Fibonacci levels and break out levels are lying.

Resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

Natural Gas Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (June 04, 2018 – June 08, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 1.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed. During the week the commodity manages to hit a high of 203 and close the week around the levels of 198.

Minor support for the commodity lies in the zone of 194 to 196. Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 from where the commodity broke out and short & medium term moving averages are lying.

Resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

Natural Gas Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (May 28, 2018 – June 01, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 3.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed. During the week the commodity manages to hit a high of 203 and close the week around the levels of 201.

Minor support for the commodity lies in the zone of 194 to 196. Support for the commodity lies in the zone of 187 to 190 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 180 to 183 from where the commodity broke out and short & medium term moving averages are lying.

Resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 210 – 215 on upside.

Natural Gas Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (May 21, 2018 – May 25, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 190 to 195 where the commodity has formed a top in the month of February-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 196 and close the week around the levels of 194.

Minor support for the commodity lies in the zone of 188 to 190. Support for the commodity lies in the zone of 182 to 185 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 170 where the commodity has formed a bottom in the month of December-2017 and Fibonacci levels are lying..

Resistance for the commodity lies in the zone of 200 to 203 from where the commodity has sold off in the month of January-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 215 where the gap is formed.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (May 14, 2018 – May 18, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 4.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 185 to 189 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 191 and close the week around the levels of 190.

Minor support for the commodity lies in the zone of 185 to 186. Support for the commodity lies in the zone of 178 to 182 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 170 where the commodity has formed a bottom in the month of December-2017 and Fibonacci levels are lying..

Resistance for the commodity lies in the zone of 190 to 195 where the commodity has formed a top in the month of February-2018. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 170 – 175 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (May 07, 2018 – May 11, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 2.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 185 to 189 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 189 and close the week around the levels of 182.

Minor support for the commodity lies in the zone of 178 to 180. Support for the commodity lies in the zone of 164 to 170 where the commodity has formed a bottom in the month of December-2017 and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 185 to 189 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 200 – 205 on upside.

Natural Gas Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Apr 30, 2018 – May 04, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 191 and close the week around the levels of 186.

Minor support for the commodity lies in the zone of 178 to 180. Support for the commodity lies in the zone of 164 to 170 where the commodity has formed a bottom in the month of December-2017 and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 185 to 189 where Fibonacci levels and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 200 – 205 on upside.

Natural Gas Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Apr 23, 2018 – Apr 27, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 184 and close the week around the levels of 181.

Minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 200 – 205 on upside.

Natural Gas Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Apr 16, 2018 – Apr 20, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150. During the week the commodity manages to hit a low of 172 and close the week around the levels of 179.

Minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 200 – 205 on upside.

Natural Gas Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Apr 09, 2018 – Apr 13, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 2.00%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150. During the week the commodity manages to hit a low of 173 and close the week around the levels of 176.

Minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and short; medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 190 – 195 on upside.

Natural Gas Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Apr 02, 2018 – Apr 06, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 6.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 172 to 175. Resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and short; medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 180 and close the week around the levels of 179.

Minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and short; medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 195 – 200 on upside.

Natural Gas Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Mar 26, 2018 – Mar 28, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150. During the week the commodity manages to hit a low of 168 and close the week around the levels 169.

Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Minor resistance for the commodity lies in the zone of 172 to 175. Resistance for the commodity lies in the zone of 180 to 185 where Fibonacci levels and short; medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 150 – 155 on downside & 185 – 190 on upside.

Natural Gas Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Mar 12, 2018 – Mar 16, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 4.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 190 where Fibonacci levels and short; medium & long term moving averages are lying. During the week the commodity manages to hit a high of 182 and close the week around the levels of 178.

Minor support for the commodity lies in the zone of 172 to 175. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Minor resistance for the commodity lies in the zone of 180 to 182. Resistance for the commodity lies in the zone of 185 to 190 where Fibonacci levels and short; medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 200 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 195 – 200 on upside.

Natural Gas Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Mar 05, 2018 – Mar 09, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 4.10%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short; medium & long term moving averages are lying. During the week the commodity manages to hit a high of 179 and close the week around the levels of 177.

Minor support for the commodity lies in the zone of 170 to 172. Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 185 to 190 where Fibonacci levels and short; medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 160 – 165 on downside & 190 – 195 on upside.

Natural Gas Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 26, 2018 – Mar 02, 2018) :

NATURAL GAS:

 

NATURALGAS 2

 

NATURAL GAS closed the week on positive note gaining around 2.80%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short; medium & long term moving averages are lying. During the week the commodity manages to hit a high of 176 and close the week around the levels of 174.

Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short; medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 155 – 160 on downside & 190 – 195 on upside.

Natural Gas Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 19, 2018 – Feb 23, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150. During the week the commodity manages to hit a low of 162 and close the week around the levels of 166.

Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short; medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 145 – 150 on downside & 180 – 185 on upside.

Natural Gas Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 12, 2018 – Feb 16, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 9.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 168 where the commodity has formed a bottom in the month of December-2017. During the week the commodity manages to hit a low of 167 and close the week around the levels of 167.

Support for the commodity lies in the zone of 164 to 168 where the commodity has formed a bottom in the month of December-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150.

Resistance for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short; medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 145 – 150 on downside & 180 – 185 on upside.

Natural Gas Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Feb 05, 2018 – Feb 09, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 15.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 210 to 215 from where the commodity broke out of November-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 202 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 182 and close the week around the levels of 185.

Support for the commodity lies in the zone of 176 to 178 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 168 where the commodity has formed a bottom in the month of December-2017.

Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short; medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 203 to 207 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 205 – 210 on upside.

Natural Gas Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 29, 2018 – Feb 02, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 7.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 202 to 205 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 225 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 230 and close the week around the levels of 219.

Support for the commodity lies in the zone of 210 to 215 from where the commodity broke out of November-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 202 to 205 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 225 to 230 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 250 to 255 from where the commodity sold off in the month of January-2017.

Broad range for the commodity in the coming week can be seen between 190 – 195 on downside & 250 – 255 on upside.

Natural Gas Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 22, 2018 – Jan 25, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where break out levels are lying. During the week the commodity manages to hit a low of 195 and close the week around the levels of 203.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where break out levels are lying.

Resistance for the commodity lies in the zone of 202 to 205 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 225 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 185 on downside & 225 – 230 on upside.

Natural Gas Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Natural Gas for the week   (Jan 15, 2018 – Jan 19, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 15.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 181 to 184. Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 205 and close the week around the levels of 204.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 175 to 180 where break out levels are lying.

Resistance for the commodity lies in the zone of 202 to 205 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 225 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 220 – 225 on upside.

Natural Gas Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Natural Gas for the week   ( Jan 08, 2018 – Jan 12, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 6.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 205 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 197 and close the week around the levels of 177.

Support for the commodity lies in the zone of 171 to 173 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 165 to 167 from where the commodity has broken out on monthly basis.

Minor resistance for the commodity lies in the zone of 181 to 184. Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 190 – 195 on upside.

Natural Gas Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Natural Gas for the week   Jan 01, 2018 – Jan 05, 2018) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 11.60%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. During the week the commodity manages to hit a high of 193 and close the week around the levels of 190.

Support for the commodity lies in the zone of 180 to 183 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 165 to 167 from where the commodity has broken out on monthly basis.

Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 205 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 170 on downside & 200 – 205 on upside.

Natural Gas Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 26, 2017 – Dec 29, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. During the week the commodity manages to hit a high of 181 and close the week around the levels of 170.

Support for the commodity lies in the zone of 165 to 167 from where the commodity has broken out on monthly basis. If the commodity manages to close below these levels then the commodity can witness a major break down and commodity can drift to the levels of 150 to 153.

Minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 155 – 160 on downside & 185 – 190 on upside.

Natural Gas Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 18, 2017 – Dec 22, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 7.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where the commodity has formed a bottom in the month of February-2017. During the week the commodity manages to hit a low of 166 and close the week around the levels of 167.

Support for the commodity lies in the zone of 165 to 167 from where the commodity has broken out on monthly basis. If the commodity manages to close below these levels then the commodity can witness a major break down and commodity can drift to the levels of 150 to 153.

Minor resistance for the commodity lies in the zone of 170 to 172. Resistance for the commodity lies in the zone of 176 to 180 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 150 – 155 on downside & 180 – 185 on upside.

Natural Gas Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 11, 2017 – Dec 15, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 9.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 203 to 206 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 212 to 215 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 202 and close the week around the levels of 180.

Support for the commodity lies in the zone of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where the commodity has formed a bottom in the month of February-2017.

Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 203 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 168 on downside & 200 – 205 on upside.

Natural Gas Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 04, 2017 – Dec 08, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 9.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 197 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 208 and close the week around the levels of 199.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017.

Resistance for the commodity lies in the zone of 203 to 206 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 212 to 215 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 215 – 220 on upside.

Natural Gas Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 27, 2017 – Dec 01, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 10.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 180 and close the week around the levels of 182.

Support for the commodity lies in the zone of 175 to 177 where the commodity has formed a bottom in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 170 to 172 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 197 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 166 – 168 on downside & 195 – 197 on upside.

Natural Gas Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 20, 2017 – Nov 24, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 203.

Support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 206 to 208. Resistance for the commodity lies in the zone of 211 to 213 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 222 where the commodity has formed a top in the month of May-2017 and long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 190 – 193 on downside & 212 – 215 on upside.

Natural Gas Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 13, 2017 – Nov 17, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 7.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 210 and close the week around the levels of 209.

Support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 211 to 213 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 222 where the commodity has formed a top in the month of May-2017 and long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 190 – 193 on downside & 222 – 225 on upside.

Natural Gas Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 06, 2017 – Nov 10, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on absolutely flat note.

As we have mentioned last week, that support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017. During the week the commodity manages to hit a low of 185 and close the week around the levels of 194.

Support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 204 – 206 on upside.

Natural Gas Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 30, 2017 – Nov 03, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 200 and close the week around the levels of 194.

Support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 23, 2017 – Oct 27, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 2.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 190 to 192 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. During the week the commodity manages to hit a low of 185 and close the week around the levels of 190.

Support for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017. Below these levels the commodity can drift to the levels of 174 to 176 where the commodity has formed a bottom in the month of August-2017.

Minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 170 – 172 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 16, 2017 – Oct 19, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (195.20) closed the week on positive note gaining around 3.70%.

As we have mentioned last week, that the commodity has closed just below the support zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports. During the week the commodity manages to hit a low of 186 and close the week around the levels of 195.

Support for the commodity lies in the zone of 190 to 192 where short & medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 187 where the commodity has formed a low in the month of September-2017.

Resistance for the commodity lies in the zone of 198 to 200 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where long term Fibonacci levels are lying. Above these levels the commodity can move to the levels of 211 to 213 where Fibonacci levels are lying

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 09, 2017 – Oct 13, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (188.30) closed the week on negative note losing around 5.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 193 to 195. Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports. During the week the commodity manages to hit a low of 188 and close the week around the levels of 188.

The commodity has closed just below the support zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Minor resistance for the commodity lies in the zone of 192 to 194. Resistance for the commodity lies in the zone of 202 to 204 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 177 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Oct 03, 2017 – Oct 06, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (198.40) closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 198.40.

Minor support for the commodity lies in the zone of 193 to 195. Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 202 to 204 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Sep 25, 2017 – Sep 29, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (192.60) closed the week on negative note losing around 0.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 204 and close the week around the levels of 193.

Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 205 – 207 on upside.

Natural Gas Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Sep 18, 2017 – Sep 22, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.90) closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 from where the commodity has broken down. During the week the commodity manages to hit a high of 199 and close the week around the levels of 194.

Support for the commodity lies in the zone of 188 to 190 where short term moving averages and Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 182 to 184 where the commodity has taken multiple supports.

Resistance for the commodity lies in the zone of 194 to 196 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 202 to 204 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 205 – 207 on upside.

Natural Gas Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 28, 2017 – Sep 01, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (185) closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 183 to 185 where break out level for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where the commodity has formed a short term bottom. During the week the commodity manages to hit a low of 184 and close the week around the levels of 185.

Support for the commodity lies in the zone of 183 to 185 where break out level for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 172 – 174 on downside & 195 – 197 on upside.

Natural Gas Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 21, 2017 – Aug 25, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (186) closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where break out level for the commodity is lying. During the week the commodity manages to hit a low of 183 and close the week around the levels of 186.

Support for the commodity lies in the zone of 183 to 185 where break out level for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where the commodity has formed a short term bottom.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 194 to 196 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 172 – 174 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 14, 2017 – Aug 18, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (191.70) closed the week on positive note gaining around 7.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 184 to 186 from where the commodity has broken down from the June-2017 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 192 where Fibonacci levels and short term moving averages are lying. During the week the commodity manages to hit a high of 193 and close the week around the levels of 192.

Support for the commodity lies in the zone of 188 to 190 where Fibonacci level and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 where break out level for the commodity is lying.

Resistance for the commodity lies in the zone of 194 to 196 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 199 to 201 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Aug 07, 2017 – Aug 11, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (178.10) closed the week on negative note losing around 6.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying. During the week the commodity manages to hit a low of 176 and close the week around the levels of 178.

Support for the commodity lies in the zone of 170 to 172 where the commodity has formed a double bottom in the month of Nov-2016 and Feb-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 164 to 166 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 184 to 186 from where the commodity has broken down from the June-2017 lows. If the commodity manages to close above these levels then the commodity can move to the levels of 190 to 192 where Fibonacci levels and short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 168 – 170 on downside & 188 – 190 on upside.

Natural Gas Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 31, 2017 – Aug 04, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (189.50) closed the week on negative note losing around 2.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying. During the week the commodity manages to hit a low of 186 and close the week around the levels of 189.50.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying.

Minor resistance for the commodity lies in the zone of 193 to 194. Resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 24, 2017 – July 28, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.40) closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a high of 201 and close the week around the levels of 193.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying.

Resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 17, 2017 – July 21, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (192.30) closed the week on positive note gaining around 3.80%.

As we have mentioned last week, that support for the commodity lies in the zone of 184 to 185 where lows for the month of June-2017 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 186 and close the week around the levels of 192.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 184 to 185 where low for the month of June-2017 is lying.

Resistance for the commodity lies in the zone of 196 to 197 where short term moving averages are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 10, 2017 – July 14, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (185.20) closed the week on negative note losing around 4.50%.

As we have mentioned last week, that support for the commodity lies in the zone of 191 to 193 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci level is lying. During the week the commodity manages to hit a low of 184 and close the week around the levels of 185.

Support for the commodity lies in the zone of 184 to 185 where lows for the month of June-2017 is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where long term Fibonacci level is lying.

Resistance for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 200 to 202 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 176 – 178 on downside & 195 – 198 on upside.

Natural Gas Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (July 03, 2017 – July 07, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.80) closed the week on positive note gaining around 2.50%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 191 to 193. Resistance for the commodity lies in the zone of 200 to 202 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 205 to 207 where 200 Daily moving averages are lying. During the week the commodity manages to hit a high of 202 and close the week around the levels of 194.

Support for the commodity lies in the zone of 191 to 193 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 196 to 197. Resistance for the commodity lies in the zone of 200 to 202 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 206 to 208 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 205 – 207 on upside.

Natural Gas Outlook for the Week (June 26, 2017 – June 30, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (June 26, 2017 – June 30, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (189) closed the week on negative note losing around 3.50%.

As we have mentioned last week that minor support for the commodity lies in the zone of 193 to 194. Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci levels are lying. Below these levels the commodity can drift to the levels of 178 to 180. During the week the commodity manages to hit a low of 184 and close the week around the levels of 189.

Support for the commodity lies in the zone of 185 to 186 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180.

Minor resistance for the commodity lies in the zone of 191 to 193. Resistance for the commodity lies in the zone of 200 to 202 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 205 to 207 where 200 Daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 178 – 180 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (June 19, 2017 – June 23, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (195.90) closed the week on absolutely flat note.

As we have mentioned last week that support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci levels are lying. Below these levels the commodity can drift to the levels of 178 to 180. During the week the commodity manages to hit a low of 188 and close the week around the levels of 196.

Minor support for the commodity lies in the zone of 193 to 194. Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci levels are lying. Below these levels the commodity can drift to the levels of 178 to 180.

Resistance for the commodity lies in the zone of 200 to 202 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can move to the levels of 205 to 207 where short and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 204 – 206 on upside.

Natural Gas Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (June 12, 2017 – June 16, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (196) closed the week on positive note gaining around 1.20%.

As we have mentioned last week that support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci levels are lying. Below these levels the commodity can drift to the levels of 178 to 180. During the week the commodity manages to hit a low of 189 and close the week around the levels of 196.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci levels are lying. Below these levels the commodity can drift to the levels of 178 to 180.

Resistance for the commodity lies in the zone of 200 to 202 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 204 to 205 where short, medium and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 204 – 206 on upside.

Natural Gas Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (June 05, 2017 – June 09, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.70) closed the week on negative note losing around 9.50%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 213 to 215. Resistance for the commodity lies in the zone of 221 to 223 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 226 to 228 from where the commodity broke down on weekly basis. During the week the commodity manages to hit a high of 214 and close the week around the levels of 194.

Support for the commodity lies in the zone of 189 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 185 to 186 where long term Fibonacci levels are lying. Below these levels the commodity can drift to the levels of 178 to 180.

Minor resistance for the commodity 196 to 197. Resistance for the commodity lies in the zone of 200 to 202 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 204 to 205 where short, medium and long term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 185 – 187 on downside & 204 – 206 on upside.

Natural Gas Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (May 29, 2017 – June 02, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (214.20) closed the week on positive note gaining around 1.70%.

As we have mentioned last week that minor support for the commodity lies in the zone of 207 to 208. Support for the commodity lies in the zone of 203 to 205 where Fibonacci level and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 198 to 200. During the week the commodity manages to hit a low of 203 and close the week around the levels of 214.

Minor support for the commodity lies in the zone of 209 to 211. Support for the commodity lies in the zone of 203 to 205 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 198 to 200.

Minor resistance for the commodity lies in the zone of 213 to 215. Resistance for the commodity lies in the zone of 221 to 223 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 226 to 228 from where the commodity broke down on weekly basis.

Broad range for the commodity in the coming week can be seen between 203 – 205 on downside & 224 – 226 on upside.

Natural Gas Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (May 22, 2017 – May 26, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (210.60) closed the week on negative note losing around 4.10%.

As we have mentioned last week that support for the commodity lies in the zone of 213 to 215 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 203 to 205 where Fibonacci level and 200 Daily moving averages are lying. During the week the commodity manages to hit a low of 203 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 207 to 208. Support for the commodity lies in the zone of 203 to 205 where Fibonacci level and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 198 to 200.

Minor resistance for the commodity lies in the zone of 213 to 215. Resistance for the commodity lies in the zone of 221 to 223 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 226 to 228 from where the commodity broke down on weekly basis.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Natural Gas Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (May 15, 2017 – May 19, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (219.70) closed the week on positive note gaining around 4.50%.

As we have mentioned last week that minor support for the commodity lies in the zone of 207 to 208. Support for the commodity lies in the zone of 203 to 205 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 197 to 198 where short term moving averages are lying. During the week the commodity manages to hit a low of 202 and close the week around the levels of 220.

Support for the commodity lies in the zone of 213 to 215 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 203 to 205 where Fibonacci level and 200 Daily moving averages are lying.

Resistance for the commodity lies in the zone of 221 to 223 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 226 to 228 from where the commodity broke down on weekly basis.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Natural Gas Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (May 08, 2017 – May 12, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (210.20) closed the week on negative note losing around 0.90%.

As we have mentioned last week that support for the commodity lies in the zone of 203 to 205 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 197 to 198 where short term moving averages are lying. During the week the commodity manages to hit a low of 204 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 207 to 208. Support for the commodity lies in the zone of 203 to 205 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 197 to 198 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 213 to 215 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 221 to 223 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Natural Gas Outlook for the Week (May 01, 2017 – May 05, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (May 01, 2017 – May 05, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (212.10) closed the week on positive note gaining around 5.40%.

As we have mentioned last week that support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 189 to 190 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 194.60 and close the week around the levels of 212.

Support for the commodity lies in the zone of 203 to 205 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 197 to 198 where short term moving averages are lying.

Resistance for the commodity lies in the zone of 213 to 215 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 221 to 223 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Natural Gas Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (April 24, 2017 – April 28, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (201.20) closed the week on negative note losing around 2.80%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 209 to 211. Resistance for the commodity lies in the zone of 215 to 217 where long term Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 221 to 223 where Fibonacci level is lying. During the week the commodity manages to hit a high of 208 and close the week around the levels of 201.

Support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 189 to 190 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 203 to 205 where Fibonacci levels and 200 Daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 209 to 211 from where the commodity broke down.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (April 17, 2017 – April 21, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (207.10) closed the week on negative note losing around 1.40%.

As we have mentioned last week that minor support for the commodity lies in the zone of 206 to 208. Support for the commodity lies in the zone of 201 to 203 where Fibonacci level and 200 Daily SMA is lying. Support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying. During the week the commodity manages to hit a low of 203 and close the week around the levels of 207.

Support for the commodity lies in the zone of 201 to 203 where Fibonacci level and 200 Daily SMA is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 194 to 196 from where the commodity broke out after consolidation.

Minor resistance for the commodity lies in the zone of 209 to 211. Resistance for the commodity lies in the zone of 215 to 217 where long term Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 221 to 223 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 198 – 200 on downside & 215 – 217 on upside.

Natural Gas Outlook for the Week (April 10, 2017 – April 14, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (April 10, 2017 – April 14, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (210.00) closed the week on a positive note gaining around 2.00%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 207 to 208. Resistance for the commodity lies in the zone of 210 to 212 where medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 217 where long term Fibonacci level is lying. During the week the commodity manages to hit a high of 218 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 206 to 208. Support for the commodity lies in the zone of 201 to 203 where Fibonacci level and 200 Daily SMA is lying. Support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 215 to 217 where long term Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 221 to 223 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 198 – 200 on downside & 220 – 222 on upside.

Natural Gas Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (April 03, 2017 – April 07, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (205.80) closed the week on a positive note gaining around 2.75%.

As we have mentioned last week that support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying. During the week the commodity manages to hit a low of 196 and close the week around the levels of 205.80.

Support for the commodity lies in the zone of 201 to 203 where Fibonacci level and 200 Daily SMA is lying. Support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 207 to 208. Resistance for the commodity lies in the zone of 210 to 212 where medium term moving averages and Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 215 to 217 where long term Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside & 215 – 217 on upside.

Natural Gas Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for Natural Gas for the week (March 27, 2017 – March 31, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (200.30) closed the week on a positive note gaining around 3.60%.

As we have mentioned last week that minor resistance for the commodity lies in the zone of 195 to 197. Resistance for the commodity lies in the zone of 200 to 202 where 200 Daily SMA and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212 where medium term moving averages and Fibonacci levels are lying. During the week the commodity manages to hit a high of 203 and close the week around the levels of 200.30.

Support for the commodity lies in the zone of 194 to 196 from where the commodity broke out after consolidation. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying.

Resistance for the commodity lies in the zone of 200 to 202 where 200 Daily SMA and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212 where medium term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 190 – 192 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for Natural Gas for the week (March 20, 2017 – March 24, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (193.30) closed the week on a negative note losing around 3.30%.

As we have mentioned last week that minor support for the commodity lies in the zone of 195 to 197. Support for the commodity lies in the zone of 188 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 from where the commodity broke out after consolidation. During the week the commodity manages to hit a low of 189 and close the week around the levels of 193.

Support for the commodity lies in the zone of 188 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 from where the commodity broke out after consolidation.

Minor resistance for the commodity lies in the zone of 195 to 197. Resistance for the commodity lies in the zone of 200 to 202 where 200 Daily SMA and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212 where medium term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 180 – 182 on downside & 200 – 202 on upside.

Natural Gas Outlook for the Week (March 13, 2017 – March 17, 2017)

EquityPandit’s Outlook for Natural Gas for the week (March 13, 2017 – March 17, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (199.90) closed the week with a positive note gaining around 6.80%.

As we have mentioned last week that resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 197 to 199 where 200 Daily SMA is lying. During the week the commodity manages to hit a high of 202.20 and close the week around the levels of 199.90.

Minor support for the commodity lies in the zone of 195 to 197. Support for the commodity lies in the zone of 188 to 190 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 183 to 185 from where the commodity broke out after consolidation

Resistance for the commodity lies in the zone of 200 to 202 where 200 Daily SMA and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 210 to 212 where short & medium term moving averages and Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 188 – 190 on downside & 210 – 212 on upside.

Natural Gas Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for Natural Gas for the week (March 06, 2017 – March 10, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (187.10) closed the week with a positive note gaining around 1.50%.

As we have mentioned last week that resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 197 to 199 where 200 Daily SMA is lying. During the week the commodity manages to hit a high of 189.90 and close the week around the levels of 187.10.

Minor support for the commodity lies in the zone of 181 to 183. Support for the commodity lies in the zone of 171 to 173 where the commodity has formed a bottom in the month of November-2016 and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 162 to 164 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 197 to 199 where 200 Daily SMA is lying.

Broad range for the commodity in the coming week can be seen between 178 – 180 on downside and 194 – 196 on upside.

Natural Gas Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for Natural Gas for the week (February 27, 2017 – March 03, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (184.40) closed the week with a negative note losing around 3.60%.

As we have mentioned last week that support for the commodity lies in the zone of 188 to 190 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 169 and close the week around the levels of 184.40.

Minor support for the commodity lies in the zone of 180 to 182. Support for the commodity lies in the zone of 171 to 173 where the commodity has formed a bottom in the month of November-2016 and Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 162 to 164 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 188 to 190 where Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 197 to 199 where 200 Daily SMA is lying.

Broad range for the commodity in the coming week can be seen between 173 – 175 on downside and 192 – 194 on upside.

Natural Gas Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Natural Gas for the week (February 20, 2017 – February 24, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (191.20) closed the week with a negative note losing around 6.30%.

As we have mentioned last week that minor support for the commodity lies in the zone of 200 to 202 where Fibonacci level is lying. Support for the commodity lies in the zone of 195 to 197 where 200 Daily SMA is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying. During the week the commodity manages to hit a low of 190.60 and close the week around the levels of 191.20.

Support for the commodity lies in the zone of 188 to 190 where Fibonacci level is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 178 to 180 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 195 to 197 where 200 Daily SMA is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 201 to 203 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 182 – 184 on downside and 198 – 200 on upside.

Natural Gas Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Natural Gas for the week (February 13, 2017 – February 17, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS (204.10) closed the week with a negative note losing around 1.00%.

Minor support for the commodity lies in the zone of 200 to 202 where Fibonacci level is lying. Support for the commodity lies in the zone of 195 to 197 where 200 Daily SMA is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 188 to 190 where Fibonacci level is lying.

Minor resistance for the commodity lies in the zone of 207 to 209. Resistance for the commodity lies in the zone of 213 to 215 from where the commodity broke down from the double bottom pattern and Fibonacci level is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 221 to 223 where Fibonacci level is lying.

Broad range for the commodity in the coming week can be seen between 195 – 197 on downside and 213 – 215 on upside.