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Posted by
Brijesh Bhatia
October 03, 2012
Natural Gas
Commodity View:
Prices broke out of falling channel formation
Channel is of 144 weeks
Positive MACD
Prices are trading above short-term to mid-term moving averages
55 EMA @ 155.16
200 EMA @ 196.08
Buy Natural Gas on dips to 175 TRGT 190 / 198 s/l 165 (Closing basis)
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