PrachiMetha

Bulls Will Take Control Naturalgas

Long
PrachiMetha Updated   
MCX:NATURALGAS2!   Natural Gas Futures
Dear Followers,

I wanted to keep you informed about the latest developments in the NATURALGAS2! natural gas market. Recent trends indicate a potential Uptrend in natural gas prices. This presents a potential opportunity for a Long position.

Key Points: NATURALGAS1!

🔹 Natural gas prices have shown a consistent downward movement over the past weeks.
🔹 Supply levels have been relatively stable, while demand has experienced some fluctuations.
🔹 Experts suggest a short-term Bullish outlook for natural gas.

Action Plan:
Considering the above factors, it might be prudent to consider a Long position in the natural gas Sep Contracts.

Natural gas will try to face 1st Resistance Near 228-230 and If its break then Probably We Can See 245-250 level and if its break then it will test 260-270 level.

Buy Near 216-220 Stop Loss 208 Target 235,245,250

Investment Required - 70000
Maximum Loss - 10000
Profit Upto 42500

Risk Management:
As with any investment decision, there are inherent risks. Natural gas prices can be volatile, and sudden market shifts can impact your investment. Ensure you have a risk management plan in place.

Please note that market conditions can change rapidly. We recommend staying updated with real-time market data and consulting with a financial advisor before making any trading decisions.

Feel free to reach out to us if you have any questions or need further assistance.

Best regards,
Ajay Metha
Trade active:
Long Entry Executed
Comment:
1st target Done.
Trade closed: target reached:
all Target Done

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