NumroTrader

Natural Gas MCX Future Intraday Prediction - 20.11.2023

MCX:NATURALGAS1!   Natural Gas Futures
πŸ“ˆ Trading Marcos Intraday Levels: Natural Gas - November Future

πŸ“Š Intraday Insights:

Instrument: Natural Gas
Contract Month: November Future
Intraday Date: 20.11.2023
Day Range: 18.90
Trigger Point: 254.50

πŸ“ˆ Buy Strategy:
Buy At: 252.38
Add Position: 250.15
Buy Target 1: 266.18
Buy Target 2: 273.40
Standard SL: 249.50
Preferred SL: 246.42

πŸ’Ή Sell Strategy:
Sale At: 247.92
Sale Target 1: 242.82
Sale Target 2: 235.60
Standard SL: 249.42
Preferred SL: 250.88

πŸš€ Trading Plan:
Initiate a buy position at 252.38, with an option to add at 250.15.
Buy targets set at 266.18 and 273.40.
For selling, execute positions at 247.92 with targets at 242.82 and 235.60.
Manage risk using standard and preferred stop-loss levels.

πŸ“† Day Range:
Anticipating a day range of 18.90 points, providing traders with potential opportunities within the specified levels.

πŸ“‰πŸ“ˆ Risk Management:
Utilize stop-loss orders for effective risk management.
Stay updated on market conditions for informed decision-making.

πŸ”„ Disclaimer:
Trading involves risks, and past performance may not predict future results. It's recommended to conduct thorough research or consult with a financial advisor before making trading decisions.

Happy Trading! πŸ“ŠπŸ’‘πŸ’° #NaturalGas #IntradayTrading #NovemberFuture #StockMarket #TradingMarcos

Seasoned index & commodity trader with excellent technical analysis skills.

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