According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal.
Targets: 234.6 - 263.9 - 305.6
Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits.
Significant releases or events that may affect the movement of natural gas on Wednesday, Oct...
MCX which is Multi Commodity Exchange is trading above all time high of 1600.
The previous all time resistance of 1600 was broken and currently it is trading at 1636 levels.
We can buy this stock at these levels and wait, keep a stop loss of 1460.
We are looking at weekly chart so our investment horizon will be for 3 months to 12 months.
** ideas are of my own...