Beyond Technical Analysis
Natural Gas (MCX) : 7.50 % Future returnsNatural Gas (MCX) : 7.50 % returns at 11.30am 24.02.2022 HOW ???
1.Trend line Breakout
2.Above SMA 200 support
3.RSI 50 Support.
4.100% PURE Price action .
5.simple setup
You know 1 lot = 1250 /-
25 rupees changed(7.50% future returns)
=25*1250= 31250/-
1 lot future returns.
Predict Crude oil's next movement with Volume activityPrice action is the Key.
Use Ultra high volume setup/condition for additional confirmation purposes only.
A combination of Daily and Hourly time frames works well.
Highly recommended only if the Daily time frame is Trending.
Lower time frames say less than the hourly chart gives the confused or mixed-signal, so it is recommended to use for overnight positions.
Take trades based on your own risk appetite.
The indicator used is Volume Spread for VSA
Queries are Welcome
WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE ??WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE date on 15.02.2022 ?????
1.MA200 Support and above CPR Range
2.In 1st 1hour 5mins timeframe top side breakout given
3.Todays high & Previous day high broken
4.After breakout of MA200 & re-trashment Previous day high support also taken.