Natural Gas witnessed a selling pressure in recent days - Swastika Investmart
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DAILY COMMODITY MARKET UPDATES
NEWS IN HEADLINE
* Oil rises on China optimism after steep drop, but Fed fears persist
* Gold slumps below $1,800 as Fed fears resurface
* Crude oil higher; OPEC+ stands pat as Russia crude ban starts
CHART OF THE DAY
NATURAL GAS
NATURAL GAS: Natural Gas witnessed a selling pressure in recent days due to uncertain global cues however 460 is an immediate support level. On the upside 470 is immediate resistance level. While above 470 lead further strength towards 475-480 zone.
OUTLOOK:
* Bullion: Day trend is indicating to Sideways in Gold &Silver.
* Energy: Day trend is indicating Downtrend in Crude oil & Natural gas
* Base metals: Day trend is indicating Uptrend in all base metals.
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