Saturday, April 10, 2021

MCX Natural gas futures fall 2.58% to Rs 189.20/mmBtu this week, experts suggest buy-on-dips strategy

MCX Natural gas futures fall 2.58% to Rs 189.20/mmBtu this week, experts suggest buy-on-dips strategy The energy commodity has been trading higher than 5, 20 and 200 days#39; moving averages but lower than the 50 and 100 days̢۪ moving average on a daily chart for the April contract. The Relative Strength Index (RSI) is at 48.08, which indicates sideways momentum in the prices.

from Moneycontrol Business News https://ift.tt/3d56IS8

No comments:

Post a Comment

Bulls return to D-Street as falling oil prices ease geopolitical jitters

Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. T...