NYMEX NG Positional View 13-June-2015

24-Jun-2015 9:55 PM IST

CMP 2.773
Supports: 2.699/2.568/2.393
Resistances: 2.970/3.121

Swing Low: 2.393, High: 3.121
NYMEX Natural gas, reversed reversed exactly from 76.4% level.

Swing Low: 2.568, High: 2.970
Already NG retraced 61.8% level at 2.722. Further levels: [2.686], 2.671, 2.663, [2.607].

As long as NG supported by 2.568, 2.393, another bull move expected.

Targets are: 2.970, 3.103-3.121, 3.255-3.295-3.351, 3.572, 3.745.

Smaller targets are: 3.103, 3.121, 3.196, 3.255, 3.295, 3.351, 3.409, 3.465, 3.503, 3.572, 3.636, 3.745.

13-Jun-2015

Natural Gas Positional View 01-Jun-2015

CMP:  2.601.

As long as NG supported by 2.393, I expect to see 2.760, 2.965, 3.121, 3.292, 3.399, 3.570, 3.849, 4.300 positionally.

View valid as long as 2.393 supports.
For any buy max SL 2.390 strict.
Previous Analysis: http://rajmarketresearchanalysis.blogspot.in/2015/05/long-term-positional-analysis-of.html

NYMEX Natural Gas Positional View 18-Aug-2014

If NYMEX natural gas restricted by 4.032, we may see 3.677, 3.646, 3.509, 3.345, 3.237, 2.875, 2.811 Positionally. Reversal from any of these levels will start a new impulse up move.