NATURALGAS in Demand/Support zone - Buying opportunity?

Nov 18, 2025

TF: 1 hour
CMP: 4.4550

The decline from the top is zig/zag (overlapping structure), hence, I feel that there could be one more move pending on the upside.. If not break of the swing high, at least a retracement of 60-75% is potentially on the cards.

Price is now at the Demand/support zone

Price is taking support at the AVWAP

ABC correction seems to be nearing it's completion (script could make one more low or equal low below 4.4216)

This could very well be the W leg of a complex correction.. but still, a bounce is imminent.

My view:

Definitely not a place to initiate fresh shorts..

Trail your existing short positions with tight SL (as the price moves strongly in a single bar itself)

Wait for confirmation to for LONG set up.


Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.

Nov 19, 2025

Trade active

NG being NG.. doing it's own thing.. what a move.. just two impulses and it is now back at the top... Solid play at the supports and Resistances.. Lets see how far this move goes

Dec 2, 2025

Note

Price is consolidating at the resistance zone 4.85 levels (instead of falling unlike the last time)



The recent inside bars suggests that the price could have a decisive move soon..

breakout (5+) or breakdown (4.5), we will know once the range is being taken out.

My bias is on the upside though

Dec 4, 2025

Trade closed: target reached