Natural Gas is currently trading in a support zone of 170.
It is a long term support zone and CMP is 172.
Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.
Targets can be 192 & 210.
I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.
I've created long position in futures. This is my analysis and not buy/sell recommendation.
It is a long term support zone and CMP is 172.
Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.
Targets can be 192 & 210.
I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.
I've created long position in futures. This is my analysis and not buy/sell recommendation.
Trade active:
CMP 179
My long position still active.
My long position still active.
Trade active:
CMP 172.20
Trade active:
CMP 173.50
Consolidating in a narrow range which is good. The more it consolidates, bigger will be the breakout.
My long position is still active.
Consolidating in a narrow range which is good. The more it consolidates, bigger will be the breakout.
My long position is still active.
Trade active:
CMP 168.40
Adding more position here.
Strict SL 161.50 in place.
Adding more position here.
Strict SL 161.50 in place.
Trade closed: stop reached:
SL reached.
Closed my long position.
Closed my long position.