NaturalGas Crucial level Analysis Side base range: 131.6-159.5
currently It's trend is downtrend and 163 level is very crucial .if day closing below this range then it will be in side base range.
Natural Gas
Gas on GrowthOil and natural gas Prices are getting Hotter due to geopolitical instability.
Gujarat Gas is one of the beneficiary during this time and look at the chart it looking charming we might see the upside upto 595 in very short times and 620 further.
Educational purposes only there is involvement of risks of geopolitical and global events. so make your investment and risks carefully.
Natural Gas Long Trade Setup !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk : Reward: 5-6 times.
natural gas futurenatural gas future
trade : long
buy call @ 147 above
sl @ 142
target 1 @ 160
target 2 @ 165
note :
this information is for education only
Naturalgas important levelsMoving inside a channel. Near term fundamentals doesnt favor sudden huge upmove but can move till the last downward breakout line before consolidating for the next upmove.
Real positivity is the increased demand for electricity generation which is happening and if thats the case with good summer heat, can see 250 by may or june itself.
Long Position in Natural GasNatural Gas has broken important support zone of 160-165 this week & now trading at 135.
Natural gas is approaching its next major support zone of 128-120
CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes.
SL would be below 119
Targets I'm expecting are 158 and 167 which was support zone before & now a resistance.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Natural Gas is getting ready for 100% move on the upsideNatural Gas has fallen 60-70% from the upside
Now NG is near long term support which is coming around 110-120
One should not miss this opportunity to BUY
Also RSI is also near to its weekly support
It is double confirmation from price wise and also from Indicator wise.
We can expect prices to rise upto 220-240 levels.
YES, That's almost 100% from current prices.
#NATURALGASNatural Gas started its impulsive wave from 22 june 2020 and complete a 5 wave stucture on 6june 2022.
After that it form a flat correction from june - October and then after form a X wave and now it continues in a zigzag correction whose A & B wave are complete.
Now it in C wave that has same corrector as a impulsive wave .
So go on short on every rise with stoploss of end of 2 nd wave (3.03)
This view is on weekly basis.
Long bet on NATURAL GAS?Natural Gas is currently trading in a support zone of 170.
It is a long term support zone and CMP is 172.
Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.
Targets can be 192 & 210.
I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.
I've created long position in futures. This is my analysis and not buy/sell recommendation.
NATURAL GAS MINI FUTURE Analysis for 8 FebResistance at 176. Here price touch 3 times and create a bearish pattern .
I have draw a blue color line . Above this line you can take trade for a target of 175-176.
If price continue below this blue line then wait for 169 then short yourposition.
Natural Gas AnalysisI am expecting Natural Gas to touch 300 in next couple of months. And if 300 breakout happen, it may reach 400.
(Pure Price Action Analysis)
Natural Gas View - 12 December 2023Natural gas is taking support at 200-201 levels. If it sustains above 202, we can see an up move till 205 and 207.
Natural Gas important levels to watchNatural Gas important levels to watch are as follows
#Support: 214
Sell below: 214 only on 15 minute candle closure below the level.
Target 1: 211
Target 2: 206
#Resistance: 218.8
Buy Above: 218.8 only on 15 minute candle closure Above the level.
Target 1: 221.8
Target 2: 226.9
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Natural Gas Mini Intraday Prediction Levels for 5 Dec 2023Natural Gas Mini Intraday Prediction Levels for 5 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NG-Natural Gas - Bullish caseNatural Gas - COT reports turning Bullish. Waiting for DAILY Momentum to turn positive and Daily Close above 3.000. NG has potential to touch 4.4 in coming weeks and months. I will be looking for Buying Opportunities on 240/60 Mins TF after it does that.
natural gas to start upside trend MCX:NATURALGAS1! natural gas to move upside if gives green closing today, 3 possible targets as market on the chart , as long as natural gas stays above 235, dont short.
Natural Gas Important Levels to watch !Natural Gas important levels to watch are as follows
#Support: 282.1
Sell below: 282.1 only on 15 minute candle closure below the level.
Target 1: 279.1
Target 2: 276.9
Target 3: 274.2
#Resistance: 287
Buy Above: 287 only on 15 minute candle closure Above the level.
Target 1: 290
Target 2: 294.9
Target 3: 301.9
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Natural Gas important levels to watch !Natural Gas important levels to watch are as follows
#Support: 247.6
Sell below: 247.6 only on 15 minute candle closure below the level.
Target 1: 246
Target 2: 243
#Resistance: 250.5
Buy Above: 250.5 only on 15 minute candle closure Above the level.
Target 1: 252.3
Target 2: 255.2
Target 3: 258.6
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Natural Gas Important Levels to watch !Natural Gas important levels to watch are as follows
#Support: 244
Sell below: 244 only on 15 minute candle closure below the level.
Target 1: 242
Target 2: 239
#Resistance: 247
Buy Above: 247 only on 15 minute candle closure Above the level.
Target 1: 249
Target 2: 252
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Naturalgas Full uptrendhi every one
natural gas is in the full uptrend so buy on dip
CE or future
Note : I am not sebi registered
risk as per your capacity
Natural Gas Important levels to watch! Natural Gas important levels to watch are as follows
#Support: 266.1
Sell below: 266 only on 15 minute candle closure below the level.
Target 1: 263
Target 2: 259
#Resistance: 270
Buy Above: 270 only on 15 minute candle closure Above the level.
Target 1: 272.5
Target 2: 276.5
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty Oil & Gas Index breakdown the Fib convergence levelChart type: Heikin Ashi
Time frame: Daily
Fibonacci Retracement Drawn Data
First Swing 18.51%
Second Swing 11%
Convergence levels:
Mark 7900 (convergence - 23.60% of first swing // 38.20% of second swing)
Mark 7713 (convergence - 38.20% of first swing // 61.80% of second swing)
Analysis Notes:
From the last 3 trading sessions the price is trading below the convergence level of 7900. Consider this as a breakdown of the level. Also the moving averages are forming a bearish crossover.
The next important level to consider is 7713 which is also a convergence level.
Thanks
Er. Simranjit Singh Virdi
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
#NATURALGASNATURAL Gas above 212 leads the way to 221 and then towards 245
Combustible after the levels Marked
Compression seen
