MCX:NATURALGAS1!   NATURAL GAS FUTURES
Natural Gas Short

203.7 ( CMP )
SL: 205.1
TGT1: 201
TGT2:198.6
Trade active: Shorted @ 203.6 (Put limit order)
Comment: Use 5 min TF, I cant use that for publishing idea
Comment: First lot keeping tgt 201.1. Once TGT 1 hit will update SL for the 2nd lot to 203.8
Comment: NOTE:: SAFE TRADERS CAN EXIT AROUND CMP 201.8-201.7 - Since inventory coming soon, there can be spikes, for safe traders can make a 2 point profit and exit now
Comment: Self not exiting, I will update stops basis 5 min closing after 2100
Trade closed: target reached: Completed - one candle and TGT hit - exited 2nd lot at 198.5
Comment: Avg Sell Price: 203.7
TGT1: 201.1, TGT2: 198.5
Avg Sell Price: 199.8
Traded: 2 Lots
Net Profit: 9750 (This includes brokerage, excl. brokerage gross profit will be approx 9600)

Comments

Self resumed with publishing ideas. I was not publishing since I was out on sailing and it was difficult for me to post the analysis.
Reply
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