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once upon a time 3$ was assumed as ng`s fair price for use in power plants...still at 4$+ we do not hear any switch over to coal...even though coal is at its economical price...surprising... 8 comments
In reply to : investsafe1 message
about 3 min 28 sec ago
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while ng demand is at its peak during the coldest months in dec-jan where we saw ng tumbling down to 3.2$ mark...when comes to the months of no demand we see it above 4.2$+....with more than a dollar diff...astonishing... 8 comments
In reply to : investsafe1 message
about 7 min 14 sec ago
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2012 for the same period while ng was trading in the range of 2.5$...this year in may ng is heading towards 4.5$...amazing... 8 comments
In reply to : investsafe1 message
about 11 min 36 sec ago
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+89 bcf injected into the underground storage today...predicted was 90 bcf...5 year average inj for the same period was also 90 bcf...invetsors take this as slightly positive...and ng pierced a major resistannce at 4.23$ for the present situatio... See more
about 34 min 49 sec ago
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I think we should wait till 2mrw.. INR/$ movement also playing a big role, so lets see what will happen 2mrw.. 2 comments
In reply to : ASHOK GOYAL message
11.23 PM May 23rd
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