DFV01F2026 trade ideas
Intra Day Support and Resistance for Natural Gas For 3 May 2021Intra day Natural Gas is having support at 217.20 then 215.80 3 May 2021
Intra day Natural Gas is having Resistance 219.30 For 3 May 2021.
If it sustains above 219.30 with good volumes then it might go up to 223 levles. If it breaks below 215.80 levels and sustains below that it might slide to 213 levels.
Natural Gas Intra Day Technical Levels for 29/04/2021Today Natural Gas Important level is 219.50 if it sustains above this level with good volumes then it might face resistance ant 221.40 level
If it sustains next level will be 223
If it fall below 217 levels and sustains below 217 we might see 214 levels again.
A very bright future in natural gas for the long termA very bright future in natural gas for the long term is appearing on the basis of trade lines. Just let the trade line break and only then can the trade be taken. We do not have any SEBI registered trade analysis. This is for educational purposes only. We don't even advise anyone to buy or sell. Only invest after consulting your financial advisor. Your money at your own risk. Always be careful.
Natural gas - 27042021
Natural gas CMP is around 209, has the potential to reach down to 206 in an hourly time frame.
*The content provided on this blog is purely for informational and educational purposes only. I am not a registered investment advisor or research analyst. So consult your financial advisor before making a decision
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.
[MCX] Natural Gas Swing Buy BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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MCX - Natural Gas Futures probable price movementPrice is showing reversal of trend at 4H time frame. It has made HH - HL to move upwards.
A further break of trendline may give further push to the price and the trend.
If the trend is confirmed, it may quickly move up to hit the next target as mentioned in the chart.
This analysis is purely based on the price movement of NG - Futures.
Note: 29/03/2021 is a holiday and the MCX exchange is open only in the evening. So this idea may not pan out immediately. Any further changes will be updated accordingly.