InvestyourAsset

Natural Gas Important Levels to watch !

MCX:NATURALGAS1!   Natural Gas Futures
Natural Gas important levels to watch are as follows

#Support: 282.1

Sell below: 282.1 only on 15 minute candle closure below the level.
Target 1: 279.1
Target 2: 276.9
Target 3: 274.2


#Resistance: 287

Buy Above: 287 only on 15 minute candle closure Above the level.
Target 1: 290
Target 2: 294.9
Target 3: 301.9



=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.

=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.

=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.




#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Comment:

Target 1 reached on upside.
Comment:

achieved second target too on upside !!


follow us for more such ideas daily.
Comment:

Natural gas facing a strong resistance just above the supply zone. a double top pattern can be seen now.
Comment:

Natural Gas successfully achieved all the targets on downside after the breakdown from demand zone marked in green rectangle on the chart. Just the way as planned.
Comment:
Follow us for more such ideas daily and Join us on social media using detailed mentioned below this idea.

WhatsApp : 8766668446

Join Our free telegram channel for more detailed market views.

For Fully automated algo trading contact us:

t.me/investyourasset


Disclaimer: All the Views are purely for educational purpose.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.