Hello, natural gas futures analysis & mid-term swing trade buy: 414 targets: 485/576 stoploss: 346.
LOGIC BEHIND TRADE: Natural gas futures 1w chart has formed W pattern & given breakout of resistance (targets identified from harmonic abcd/xabcd pattern level 1.414) stoploss is taken low of resistance candle if sustains above al time high can go upto 576. ...
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice...
1) On Daily time frame it is already trading below 200DMA.
Please refer below chart : daily time frame.
2) On Daily time frame it has taken reversal from it's critical support 1455 level range and also closed above 400DMA. It shows the strength will come in stock to get bullish now.
Please refer below chart : daily time frame. ...
Shorting opportunity in MCX CrudeOil Futures if the price breaks the trend line and stays below the shorting zone.
SL: 2630, Target1: 2559, Target2: 2536
For the better time your entry, you can use a 1Minute time frame.
The analysis is valid for today only.
Disclaimer: All views and chart analysis shared are purely for knowledge and information purposes...
XAUUSD has made a long term correction which now seems to be complete on the upside and a decline is inevitable which would break the previous lows and go towards 900 for the target.
This would take several months or a year to play out..
Brent Crude has taken support from a rising trendline. We could also see a "Morning Star" candlestick pattern adding to bullish bias. But 63.60 is an immediate resistance which will test the strength of Bulls. If price manages to break above 63.60, we can well expect crude to move towards 65.50. However, if the upward move gets arrested at 63.60 and manages to...