NATURALGAS, given yesterday`s close with a green note around 215, is continually consolidating in the wide range of 245-200 - Swastika Investmart
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COMMODITY OUTLOOK
DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil prices fall further as supply-driven rally cools, weekly gains on tap
* Oil prices ease on demand concerns, still headed for weekly gain
* Brent falls below $90/bbl, pausing rally, on weaker demand outlook
CHART OF THE DAY
NATURALGAS: NATURALGAS, given yesterday's close with a green note around 215, is continually consolidating in the wide range of 245-200, where a move above 222 can lead some upside towards 230–235, while if it slips below 200, it may head towards the 195–190 zone
OUTLOOK:
* Bullion: Day trend is indicating sideways in Gold &Silver.
* Energy: Day trend is indicating uptrend in Crude oil & sideways in Natural gas
* Base metals: Day trend is indicating sideways to upside in all base metals.
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