i did hedging buy @ 190.50 apr... now please advise when to exit and from which position... short @ 185.50 mar

Hi IS... Now NG is close to my short price @185.50. your strategy is very good...should i go for hedge at this time?? Please advsie...

Good morning Sri ji :))

hahahahahaa ISji good morning...seems u & others those who miss the chance will get ones more.

3.57 how much amount in Ruppes pl mention

Dear IS ji, good morning. NG is creeping now, so better to cover your positions here and to go for short again at 3.53-3.55 levels. I think at time of inventory time NG will touch 3.57 levels. So, better to put bid for sell there. I want your suggestion.

hi sriramji, luckiji, euji and all...yesterday i indicated a resistance at 3.53-3.55...alarmed @3.53 ng has accounted all the inventories and weather and is at its peak...gave a sell call@195 (april) with SL-195.7 with an open target...unfortunately ng had eaten up my 70 ps stop loss...hence got dejected and did`nt post the target...still for others to understand i mentioned here that i have taken 2 lots@195 and prefer to hold 1 lot...also posted that i expect a plunge in ng at close and was eagerly waiting for that...but it happened after the close...i missed to re-enter short at closing of yesterday...what a bad luck...

its difficult to say how it moves in the next 3 weeks...i would prefer attacking from both ends this time for the next 2-3 weeks...now i took 2 shorts at 195 (april)...one i will square off today itself...instead of covering the second one i would take a buy in march...which level is yet to be decided...

IS Ji, One question, what is the top and bottom level it can go in April lot. I always like to take positional lot less tension and time saving. I am very much interested only in NG. as the deriving parameter are numbered i.e, purely weather, supply/demand and little bit of technical. I am asking this to arrange margin accordingly.

for me present ng value@3.53 has accounted all the inventories, weather forecast for another one month till cold persists and any other positives it has...so any small negatives ng would be back to pavilion...since there is a depletion in inventory expected by mid march there could be a panic situation where ng could remain bullish...but for me buying seems to be highly risky...

hope so... i thnk it will come down drastically... be optimistic..:)

Once it break R1(190.7) then it will head towards 188.8 but bulls are strong.

yes...i foresee an intra-day resistance@3.535-3.555 area...its vague...ng is not following any rule...just going ahead through the way it sees...the way shown by his master...the weather...when it realise that there is no road ahead...it has to come back home...we need to wait for that day...

All Ji`s Do we have a strong resistance as this level?

Ohh My god. The last I saw it was 187 and I started to home and I reached home and seeing 190+...