MCX NATURAL GAS is consolidating in the range of 275-310 where move above - Swastika Investmart Ltd
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Daily Commodity Market Updates
News in headlines:
* Gold Down, On Track for Biggest Annual Decline Since 2015
* Oil Up as Inventories Fall, Fuel Demand Concerns Ease
* Oil rises as fuel demand holds up despite surge in Omicron cases
Chart of the day:
NATURAL GAS: MCX NATURAL GAS is consolidating in the range of 275-310 where move above 310 can lead upside towards 320-325 while if it slips below 275 it may head towards 265-260 levels.
Technical View:
* Bullion: Day trend is indicating sideways to upside in Gold and Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas.
* Base metals: Day trend in base metal is indicating to sideways.
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