siddmuk2005

Natural Gas Analysis

Short
MCX:NATURALGAS1!   NATURAL GAS FUTURES
This analysis is based on Breakout retest and Diversion in Price and RSI
I have seen this 1 hr of time frame whenever diversion is there after breakout a consolidation will happen
and same thing might get repeat here so small correction and then distribution will get start.
Upside is limited.
Commodity are cyclic in nature.

SL 391
Target would be below 370

Trade closed: stop reached

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