Natural Gas breakdownAfter Following the uptrend for few months .Now a Breakdown of trendline ..
For support it would go on for few more Days . As the International market sides shows .
NG1! trade ideas
Bullish Gartley Natural Gas Natural gas current month......bullish gartley
Buy range 185- 188
Target 202
Trailing Stop
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...
Ng fut CMP188.6 buying range 185.5 -183 Targets 189- 191- 193.5Ng fut CMP188.6 buying range 185.5 -183
Targets 189- 191- 193.5- 196+
CAN BUY IF GIVES A SUSTAINABLE CLOSE ABOVE 190.6CAN BUY IF GIVES A SUSTAINABLE CLOSE ABOVE 190.6
SL SHOULD NOT BE MORE THAN 1 RS.
NATURALGAS WILL CONTINUE SIDEWAYS .NG will be doing sideways before its final target to 186++ .
Please do consider that this analyses are only for study purpose ! Please do not rely solely by this idea ,always consult with your financial Advisor before entering any trade.
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GAIL & Natural GAS: Naturally !!GAIL (India) Ltd is India`s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.
Though the International Natural Gas Prices acts as the LEAD INDICATOR for GAIL Share Prices.
Don't take my word for it, go and check out. Now don't ask me mundane questions like what is the Correlation efficient, R sq etc etc.
Some work you do.
Natural Gas MCXPlease do consider that this analyses are only for study purpose ! Please do not rely solely by this idea ,always consult with your financial Advisor before entering any trade.
Short Opportunity - NATURAL GASShort Natural Gas August 2020 Futures for closing below 184 ; Current Market Price 187 ; profit booking maybe expected | 1st Target 175 ; 2nd Target 170
Ng fut CMP 171 Short for Target 165- 160- 155- 150- 145-140+ SNG Positional Analysis
Ng fut CMP 171 Short for Target 165- 160- 155- 150- 145-140+
SL 181 ( Daily candle closing basis)
Daily Supply Zone + Looks Small RSI divergence - Harmonic Getting ready
Risk of 12500 rs
NATURALGAS DOWNSIDE EXPECTED Please do consider that this analyses are only for study purpose ! Please do not rely solely by this idea ,always consult with your financial Advisor before entering any trade.
Natural Gas - Short - Short term - Educational mentioned reasons of view in Chart.
This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I have all the rights to be wrong on my views :)
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