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MCX Natural Gas may trade between 178.4-185

Technically Natural Gas market is under short covering as market has witnessed drop in open interest by 5% to settle at 4714 while prices up 0.9 rupees.

Now Natural Gas is getting support at 180.3 and below same could see a test of 178.4 level, And resistance is now likely to be seen at 183.6, a move above could see prices testing 185.

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MCX Natural Gas may trade between 178.4-185


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