NATURAL GAS MITE EXPECT SOME SUDDEN JUMP UPSIDE COMING WEEK DUE TO OUTPUT CUT BY VARIOUS PRODUCER, AS UNECONOMICAL PROPOSITION FORCING TO PULLOUT OF FURTHER HIKE IN PRODUCTION. IN THIS CASE, WE MITE SEE SOME SUPPPORT IN NAT GAS. MCX SUP SEEN ON CLOSING BASIS 128 AND UPSIDE STRONG RES SEEN AT 134.20 IF ABLE TO CLOSE ABV THIS LVL TILL MONDAY CLOSE WE WILL SEE SHARP RECOVERY UPTO 141 148 IN TEN TRADING DAYS. SO NEED TO WATCH THIS LVL ON CLOSING BASIS. CMP 132 TIME 06.36 www.commotrendz.com
Friday, January 27, 2012
DATA FOR THE DAY
7:00pm USD Advance GDP q/q 3.0% 1.8%
7:00pm USD Advance GDP Price Index q/q 2.0% 2.6%
8:25pm USD Revised UoM Consumer Sentiment 74.2 74.0
8:25pm USD Revised UoM Inflation Expectations 3.2%
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