Natural gas futures in MCX and NYMEX is touching new highs day by day and may create temptation for derivative traders to sell and hold by looking at the premium in price. Price may stay higher for quiet some time and may touch 900 in MCX. Fundamental factors and political stress are supporting NG price at this moment. So short term buying is better preferred and...
i) Day line breakout seems to buy trend start
ii) EMA gives buy trend
iii) RSI going ..?
iv) volume increase
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kindly do your own research before buy
happy trading ..