MCX:NATURALGAS1!   NATURAL GAS FUTURES
Small Trade for target of about 1.3 points
Entry @ CMP (185.3)
SL: 184.8
TGT: 186.5-186.6
Trade active: entered @ cmp (185.3)
Comment: I have kept my SL as 184.8/ and TGT as 186.6
Either of them will hit I will exit - not going to update SL.

This is a small trade - No good scenarios developed for other commodities.
Trade closed: stop reached: SL hit- trade closed at 184.8
Entry was 185.3

Loss: 0.5 points=625 Rs Approx (incl brokerage & tax will be arnd 700-750 Rs)
Comment: Since the candle has closed well below the key zone- a good fall may be expected.

However the previous high volume on the upper side makes me confused so only not entering reverse trade.
No more trades for the day.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out