Sell Natural Gas NOV @ 262 SL 266 TGT 257-253. MCX - Kedia Advisory
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Crude Oil
Crudeoil trading range for the day is 6399-6671.
Crude oil gains after OPEC said market fundamentals remained strong
US buys 1.2 million barrels of oil for Strategic Petroleum Reserve OPEC says oil market remains strong despite negative sentiment
IEA raises oil demand growth forecasts, despite economic gloom ahead
SELL CRUDEOIL NOV @ 6600 SL 6700 TGT 6500-6400. MCX
Natural Gas
Naturalgas trading range for the day is 252.4-272.
Natural gas jumped on forecasts for colder weather and higher heating demand
LSEG said average gas output in the Lower 48 U.S. states rose to 107.4 billion cubic feet per day (bcfd) so far in November
Meteorologists projected the weather would remain warmer than normal through Nov. 21 before turning near to colder than normal from Nov. Gas flows to the seven big
U.S. LNG export plants rose to an average of 14.2 bcfd so far in November, up from 13.7 bcfd in October
SELL NATURALGAS NOV @ 262 SL 266 TGT 257-253. MCX
