Natural Gas Big BreakoutBuy Natural Gas
Closing Price - 238.9
Buy 1 Lot At Cmp
Add Another Lot If Price Drop To 230-232
Strict SL - 219.7 (Day Closing Basis)
Target 1 - 278-280
Ng1!f
NG-Seems a shorting opportunityNatural Gas shorting around CMP
SL above today opening.
TGT near trendline around 3 points - will update if needed
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Natural Gas ShortEntry: around CMP(198.8) - I will add one more lot at 199.1-199.2
SL: 200
TGT: 195.5
#naturalgas #commodities #mcx natural gas long as per trade setup for swing trade stop loss current swing low.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NATURAL GAS analysis current contractlevels mentioned in the chart.
just started commodity trading thats why I posting commodity chart
we can learn together guys.
I am also just started...u can ask me any doubts.if i know i will tell u okay
keep supporting guys
short term equity calls+multi bagger call are coming mean working in background.
will post.okay thanku guys
Natural Gas expect the upside momentum to continueNG proces have been consolidating @ the 23.6 fib retracement levels, any stock during an uptrend dont tend to retrace more than 50% . We are expecting NG to move upside and probably break previous or might atleast make a double top...
Short in Natural Gas for the target for 1.600 to .1570The price is taking considerable resistance against the dynamic resistance/trend line.
A strong price rejection can be seen in 4 hours time-frame. This could attract more sellers or even make the existing buyers to change side.
Overall a channel is formed. However, we can see more or less similar volume of buyers and sellers during both corrective and impulse waves.
The fib extension value comes around 1.565 zone. However its recommended to exit during the first opposing force (buying pressure) which can be expected around 1.600 to 1.570.
CMP 1.730
Note: Kindly do your analysis before taking any entries and the above is purely for educational purpose only.
Long in Natural Gas till 1.768 to 1.778The price is consolidating near the recent resistance zone of 1.685 to 1.705.
This implies buyers were able push the price till resistance; but sellers are not strong enough at the resistance point to push the price lower.
But, buyers are able to hold it higher. Anytime the price can burst to next resistance of 1.768 to 1.778.
Hence buying is recommended at current level of 1.684;
Kindly do your analysis before taking any trades.
Long in Natural Gas (Short-term) till 1.825 to 1.850Ascending triangle pattern is seen in NG (like in crude yesterday), this implies buyers are in control.
The price comfortably closed above the triangle's top (1.730 zone).
Buyers can push the price higher from here till next supply zone of 1.825 to 1.850. Post which they would take a breathe or rest - will be decided later.
As of now, its a temporary buy.
Carrying this trade over night is not recommended. Sticking to intraday is advisable.
Note: This is purely for educational purpose only, please do your analysis before taking any trades.
Natural GasThe down move is looking exhausted.
Look for good long setups on lower time-frames, with strict stoploss
Natural GasStill has upward bias in longer time frames.
just looking for good buy setups on D/240 min charts
Natural Gas - That's ScaryLast week's price action was shaky and scary.
But i am still holding on to my bullish opinion.
Looking for Buy setups in smaller Timeframes
Natural GasAfter the successful retest, no harm in getting bullish Natural Gas.
Seasonal tendencies are Favourable during this time.
BUT one thing that is concerning me is Commercials getting Bearish.
But that can happen and its OK.
Still my advice is to keep a strict stop loss and TRAIL it.
Natural Gas Cooling Off ??In Continuation with my Last weeks commentary,
I am patiently waiting the test of the Breakout AREA.
However keep in mind, The intensity and structure of the test will be very crucial before taking a decision to go Long.
But Seasonal s and Technical s Favour LONGS.
Happy Trading NG!!!
