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Energy Commodities

Lloyds metals & energy getting ready - Commodity energy themeLloyds metals & energy has stellar fundamentals of more than 50% ROE over last 1,3,5,10Y and excellent double digits sales & profit growth as well. Double digit ROCE, high operating cash flow with improved and sustained profit margins since 2022. Power generation is a theme that's in progress and lloyds is part of this energy theme. Volume isn't shown. Price breakout not happened yet but RSI broke out. Price would follow. Today gapup opening of 20 rupees visible in 15 min chart has also been filled.
NSE:LLOYDSMELong
by naraykln
#Naturalgas important levelsMCX:NATURALGAS1! This chart shows an analysis of Natural Gas Futures and gives us an idea of where the price might go next: 1. Resistance Zones: There are areas around 283 and 287.5 where the price struggled to go higher in the past. These are levels where sellers might come in again. 2. Support Zones: The price has strong support at 271 and 267.4, which are areas where buyers stepped in before to stop the price from falling further. 3. Downward Trendline: The price is generally moving downward, shown by the slanted line. If it can break above this line, it might signal the start of an upward move. 4. Two Possible Scenarios: Upward Move: If the price goes above the resistance and breaks the trendline, it might head toward 287.5. • Downward Move: If the price doesn't hold above support, it might drop back to 267.4 or low In simple terms, traders are waiting to see jf the price breaks above the resistance (good for buyers) or falls below support (good for sellers) to decide the next move.
MCX:NATURALGAS1!
by thetradeforecast
WTI Crude Oil Analysis: Key Levels and $65 Accumulation StrategyThe WTI Crude Oil chart highlights a long-term bearish trend, with price testing key support and resistance zones. Here's a concise breakdown: Key Levels to Watch Support Levels: $65.00 (immediate), $61.52, $56.97, $55.00, $51.76, $42.87. Resistance Levels: $72.80, $78.44, $83.64, $93.40. Current Opportunity for Swing Trade Accumulate near $65.00 with a stop-loss slightly below $65.00. Targets: $69.00, $72.80, $78.44. Trade Setups Bullish: Enter on $65.00 support bounce or breakout above $72.80. Bearish: Short on rejection at $72.80 or breakdown below $65.00. Market Outlook Bearish Bias: Break below $65.00 could lead to $61.52 or $56.97. Bullish Reversal: Break above $72.80 targets $78.44 and beyond.
TVC:USOILLong
by ayusharya_001
Crude Oil Futures: Key Levels and Scalp Trade StrategiesThe daily chart of Light Crude Oil Futures (NYMEX) indicates a long-term bearish trend, with key levels offering opportunities for short-term scalp trades. Key Observations: Downtrend Resistance: The yellow trendline starting from 2022 highs continues to cap upward movements. Support Zone: $66.40 is a critical level where buyers repeatedly defend, creating a strong price floor. Resistance Levels: $72.58, $77.20, and $84.20 serve as major hurdles for upward price action. Volume: No significant volume spikes currently, but monitor closely for breakout confirmation. Scalp Trading Opportunities: 1. Long Trade: Entry: Near $66.40 support on a bounce. Targets: $69.00 (nearest resistance) and $72.58. Stop-Loss: Below $65.90. Why? Buyers consistently hold this level, making it ideal for quick upward moves. 2. Short Trade: Entry: Near $72.58 resistance after a rejection. Targets: $69.00 and $66.40. Stop-Loss: Above $73.50. Why? Sellers dominate this zone, offering quick pullback opportunities. Key Points to Watch: Bearish Breakout: A high-volume breakdown below $66.40 could send prices to $60 or lower. Bullish Reversal: Breaking the yellow trendline and $77.20 resistance could spark a rally toward $84.20. Volume Confirmation: Significant volume spikes near key levels (support or resistance) often confirm a breakout or rejection.
NYMEX:CL1!
by ayusharya_001
Natural Gas Futures Breakout: Key Levels to Watch Above 250 INRThis chart shows the weekly price action for Natural Gas Futures on the MCX (Multi Commodity Exchange) with some key technical indicators: Analysis: Trendline Breakout: The price has successfully broken out of the symmetrical triangle, signaling a potential bullish reversal. A breakout from this pattern often leads to further upward movement, especially if it’s supported by strong volume. Key Resistance Levels: With the price near 250, it’s approaching the next resistance levels at approximately 254 and 278. If these levels are surpassed, the next target could be around 305 INR/MMBtu. Volume Confirmation: The volume is relatively strong, adding credibility to the breakout. A sustained increase in volume would reinforce the bullish outlook. Trade Plan for Natural Gas Futures: Entry: Enter around 250 INR after the breakout confirmation. Targets: Target 1: 278 INR Target 2: 305 INR Stop Loss: Set a stop loss below 240 INR to limit downside risk. Risk Management: Consider booking partial profits at 278 INR and trail stop to breakeven. This trade plan is built on the breakout with targets at 278 INR and 305 INR, while managing risk with a stop loss below 240 INR. Watch for volume to confirm momentum, and adjust your stop or book profits as key levels are reached.
MCX:NATURALGAS1!Long
by ayusharya_001