Natural Gas Futures - Nov 15 (NGX5)

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2.520 +0.021    +0.86%
09/10 - Closed. Currency in USD ( Disclaimer )
Type: Commodity
Group: Energy
Unit: 1 Mmbtu

  • Prev. Close: 2.498
  • Open: 2.488
  • Day's Range: 2.472 - 2.522
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Natural Gas 2.520 +0.021 +0.86%
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Natural Gas Contracts

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Latest Natural Gas Comments

RK  Chaudhary (India)
RK Chaudhary (India) 2 hours ago
Those traders who are thinking that as soon as weather forecast agencies forecast cold temperatures in US, that will take NG to 2.60, 2.70 or 2.80 are thinking wrongly. NG market takes into account weather conditions of next at least fifteen days. Then this weather is compared with normal weather for this period. And if market perceives it to be cold, and thinks that cold is persistent that will draw more natural gas from storage than expected for this time of period, then only NG market will go up, otherwise not at all. At present there are no such forecasts that shows that cold is intense and will persist for at least one or two weeks. So, please trade cautiously. If present hot temperatures continue to hold for another one more week, we shall see NG in new lowest range of the year.
Vinod Panchal
Vinod Panchal 4 hours ago
12/10/15 buy natural gas b/w 162/161 sl 159 target 164/166& hold long for the target 170/175/180 1/2 month buy MCX
Learned Trader(India)
Learned Trader(India) 5 hours ago
This is either going to open gap down n remain in that zone for whole monday ...else if any slight gap up it should fill gap before US opens ... range for gap down is 2.460 to 2.480 up 2.540 max
RK  Chaudhary (India)
RK Chaudhary (India) 4 hours ago
I agree. I do think the same thing.
RK  Chaudhary (India)
RK Chaudhary (India) 4 hours ago
However, gap down vs gap up chances are 5:1.
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