Tuesday, 17 January 2012

NATURAL GAS

The Natural Gas Future on MCX has been in free-fall mode for almost a week.

People are suggesting a double-digit target for the commodity.


the Daily chart of NG MCX


But, the Natural Gas UK provides a clue.

the monthly chart of NG UK

Yes, the time to enter has not come yet.
But, remember, a money-making opportunity is ahead.


Before Diwali, I initiated a buy on Crude Oil at 3742 for a target of 5250.
Crude has been the commodity of the quarter so far.



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