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Only and only with any luck we could get an up rally in natural gas. Natural gas drops around to 7-Month low. It breaks my past Resistance 174.9. Now a big storm started in Natural Gas. Fundamental outlook of natural gas are trading down on NYMEX and MCX nowadays.
Alert: If break my resistance 174.9 then natural gas can kiss 190.
What to do now with natural gas? There is no reason to buy it.
Big blizzard already started and Natural gas will touch 160 – 155 – 150 soon… Don’t forget my resistance.
Do you know right time to get entry?
More Update Time by Time for Subscribers only due to market hours…
Yesterday I said intraday trader for last stand is 897 and MethnaOil touched exact my level 897. Ok traders did you see it or miss it? Yesterday it kissed our targets, so now just relax and enjoy the money… You need to enter with exact level. I said for Long term trader – first level 900. It kissed. Now, observe it sharply up movement.
The native Place of Mentha is Japan. So Mentha is also known as Japanese Mint. After Japan, its cultivation began in Argentina, Brazil and China. Then it started in India.
Last year’s carry forward stock is nearly 7,000-8,000 tons. This means total availability would be nearly 27,000-28,000 ton this year, while total consumption is expected to remain around 25,000 ton which includes domestic as well as overseas demand.
Mentha Oil is one of the most consumed essential oils. Mentha oil is extensively produced in India. India stands the largest exporter of menthe oil.
So what to do now?
Buy MenthaOil below 876 and target 884-890-897 for Intraday..
Long-term trader:
Buy MenthaOil around 870. Where battle near to 830-835 and target is 900-930-957, it can move up to 968.