AVM1! trade ideas
📆 #Naturalgas Update MCX || April 16
🔸Technical Analysis:
Support: 142
Resistance: 149.1
🔸Current Observation: Natural gas has found support at the 141.3 level.
Market News:
🔸European natural gas prices have surged to a 2024 high, driven by heightened tensions in the Middle East, supply disruptions, and forecasts of lower wind conditions.
🔸UK natural gas futures surged to a 2024 high of above 81 pence a therm, driven by geopolitical tensions, supply disruptions, and increased LNG imports from Asia.
Natural Gas MCX Weekly Chart Analysis for 15-19 April, 24NG MCX 26 April Future Technical Chart Weekly Analysis for 15-19 April, 2024!
📊 Range Point: 148.50
📈 Weekly Range: 16.60
🎯 Buy Above: 155.56
🎯 Average At: 153.60
🎯 Buy Target 1: 158.76
🎯 Buy Target 2: 165.10
🛑 Buyer Stoploss: 150.03
📉 Sale Below: 151.64
🎯 Sale Target 1: 138.24
🎯 Sale Target 2: 131.90
🛑 Seller Stoploss: 157.17
Don't forget to reciprocate your love by boosting, following and responding, your actions fuel my efforts to do even better for you! "
#NG #NaturalGas #GasPrices #NatGas #EnergyTrading #MCX #CommoditiesFutures #CommoditiesOptions
📆#NaturalGas - MCX Update | 11 Apr
Technical Analysis: Natural gas prices bullish above 160.1, bearish below 154.5.
🔸UK natural gas futures surged to nearly 72 pence due to fears of attacks on Ukrainian storage.
🔸Oil prices at six-month highs amid Middle East tensions.
🔸Japanese LNG demand rises, intensifying global supply competition.
SENTIMENTS : Bullish🚀
Wait for 1 hour candle for confirmation.
NATURALGAS | MCX | DAILY SETUP - Apr 9
Technical Analysis:
Short covering observed.
Support: 155.
Resistance: 159.9, also previous week's high.
target - 159.9 - 164
European natural gas prices surged due to a pipeline outage and concerns over the Ukraine conflict affecting energy supplies.
LNG prices rose with increased demand in Asia.
#NaturalGas Update | MCX | 5th - 8th AprilTechnical Analysis Report
Timeframe: 1 Hour
Long Entry: Buy Natural Gas between the price range of 105.7 to 105.9.
Target Price: Aim for a target range of 152.4 to 153.
Stop Loss: Set a stop loss at 149.1.
Logic: Anticipating upward movement towards the 100-period Exponential Moving Average (EMA) and resistance at 152.4.
⛽ Natural Gas MCX Future Weekly Chart Analysis 1-5 April, 24⛽ NATURAL GAS 26 APR TECHNICAL CHART LEVELS
🎯 Weekly Range: 11.9
📉 Buy at: 149.35 | Average at: 147.95
🎯 Buy Target 1: 153.85 | 🎯 Target 2: 158.4
🛑 Buyer Stoploss: 145.38
📉 Sell at: 146.55
🎯 Sell Target 1: 139.15 | 🎯 Target 2: 134.6
🛑 Seller Stoploss: 150.52
#NG #NaturalGas #GasPrices #NatGas #MCX #EnergyTrading #MCX #CommoditiesFutures #CommoditiesOptions
Reciprocate your love by boosting and following #Trading Marcos.
#NaturalGas Update || MCX || 22nd March
🌐Timeframe 1 Hour
📅 Date: March 20
📉 Technical Analysis: Natural gas is currently exhibiting a symmetrical triangle pattern within a narrow range on the 1-hour timeframe. This indicates indecision in the market.
📊 As per the analysis, it's prudent to wait and observe if the price continues within the triangle pattern before considering any trading decisions.
#NaturalGas Update | 20Mar | MCXTimeframe: 1Hour
Strategy: Long
Technically
Natural gas price is forming a triangle pattern, suggesting a potential breakout. Traders watch for a decisive move.
As per the news
Natural gas prices surged as colder US weather forecasts increased heating demand.
Shutdown of a Texas LNG terminal unit limited exports, while lower US electricity output dampened demand.
Weekly EIA reports showed a smaller-than-expected decline in inventories, indicating ample supplies.