TFM1! trade ideas
Long Natural GasNatural Gas
Cmp - 303
Stop - 285
Expectation -
T1 - 395
T2 - Open, Review at 395
Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2
View:- Swing/Investment
Short with 5point stop lossNatural gas had a good run in last one week and approaching the resistamce of 350 .
once can short with 5 points stop loss
Natural Gas MCXNatural Gas may show bull ness in intraday levels, one can go long with stop loss of 296 for targets of 301.30, 305.80, and 309.80.
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
my view on natural gas as i can see a bullish engulf after a neutral pattern so i am bullish on NG i can see it in WAVE 3 also
i can also see double screen decision ( bullish)
Natural Gas - LongNatural Gas is at resistance zone of 304-310. Stron close above 310 it could reach 325 and on crossing can see 340 levels due to Candle shunting
Natural GasWe have nice EQL in natural gas below that we have H1 Demand zone, though i have buy bias at H1 demand zone, we also have GAP below that demand zone which is need to be considered.
Look for LTF BOS before taking trade
Natural gas start buy trend target ?Natural gas buy December contract
Buy- 370
Target -325
Stoploss 246
MCX natural gas no buying below 400 MCX natural gas is weak below 400
and more weakness to continue below 375 for target of 365---360
MCX Natural Gas gap to fillmcx natural gas abv 377 bias is positive
will have more strength if breaks 385
Weak below 360 only...
NATURAL GAS just like mentioned it before natural gas is only bearish if ng breaks 350 levels .. now its making bullish flag n pole pattern.. lets see where it goes now. if ng break 400 levels then its going to be start of another bull run. lets see...
natural gasH4 made a head $ shoulder pattern and started making lower low, lower high then in H1 made another head And shoulder and taking support on same for 4th time , i am full bearish if break 355 till 278... making inverted head & shoulder on support on 5min timeframe.. lets see its going to be interested 361 is static gann level resistance as well trade only above 361
Next Move One can Look for sharp reversal before going long
Look to hold till it make the Forecast Target
Good luck
NATURALGAS MCX Long Positional TradeNatural Gas has confirmed support and changing the trend you can create long positions with small stoploss.
Entry : 375
SL : 352
Target 1 : 434
Target 2 : 470
Cup and Handle in Demand ZoneCup and handle pattern in daily demand zone.
after breaking 15 min handle , goof to go for long.
NATURALGAS Levels 08/11/2021 (1Hr Candle)NATURALGAS exactly touch the support and reverse now ,once breaks trend line ,will expect to reach 450+
Natural Gas - Longa-b-c correction in natural gas seems to be completed. can go long with SL below 368
Natural gas is about to go highnatural gas
1. close above yesterday high
2. good support around 400 levels.
3. daily trendline (yellow one) act as a support
4. 20 EMA support.
target- 425/ 430
stoploss - 404 closing basis.
Natural Gas Sharp Fall Expected - Long Term AnalysisSharp Fall is Expected in Natural Gas. As it has taken resistance at rising trend line on Weekly Charts.
Historically NG forms Rounding bottom formation and now it completed its cycle.
see charts for detailed analysis about the forecast.
