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 .
PEG1! 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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