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Shalvisharma5

NATURALGAS | MCX | DAILY SETUP - Apr 9

Long
Natural Gas Futures (MCX:NATURALGAS1!)  
Shalvisharma5  
MCX:NATURALGAS1!   Natural Gas Futures
Trend Analysis Chart Patterns Technical Indicators
12
0
trendanalysis chartpattern indicator

Technical Analysis:

Short covering observed.
Support: 155.
Resistance: 159.9, also previous week's high.
target - 159.9 - 164
European natural gas prices surged due to a pipeline outage and concerns over the Ukraine conflict affecting energy supplies.
LNG prices rose with increased demand in Asia.
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