Natural Gas MCX Future Weekly Chart Technical Analysis 22-26 Apr
📊 NG MCX 26 April Future Technical Chart Weekly Analysis
🎯 Range Point: 146.80
🎯 Weekly Range: 11.90
📉 Buy Above: 146.25
📉 Average At: 144.85
🎯 Buy Targets 1: 154.15
🎯 Buy Targets 2: 158.70
🛑 Buyer Stoploss: 142.28
📉 Sale Below: 143.45
🎯 Sale Targets 1: 139.45
🎯 Sale Targets 2: 134.90
🛑 Seller Stoploss: 147.42
Please follow/boost or respond what do you think of this trade. You actions fuel me to work ever harder to provide directional trade and save the traders from any shock from the market.
#NG #NaturalGas #GasPrices #NatGas #EnergyTrading #MCX
#CommoditiesFutures #CommoditiesOptions
NG MCX Future Weekly Technical Analysis
Traders focusing on NG MCX Future should anticipate a volatile week ahead, marked by distinct levels and a defined weekly range.
Key Levels:
Range Trigger Point: 146.80
Weekly Range: 11.90 points
Buy Scenario:
Traders considering long positions should closely monitor the market for an upward breakthrough above 146.25. An entry at 144.85 could offer a stable average position. Ambitious targets for buyers stand at 154.15 and 158.70, suggesting potential bullish momentum. To manage downside risk effectively, it's prudent to set a stop-loss at 142.28.
Sell Scenario:
Conversely, a descent below 143.45 may prompt opportunities for short positions. Sellers targeting 139.45 and 134.90 should exercise caution. Implementing robust risk management strategies is paramount, with a stop-loss placed at 147.42 to mitigate potential losses.
As traders navigate the NG MCX Future, a comprehensive understanding of these levels and disciplined risk management practices will be crucial for optimizing opportunities while mitigating risks effectively.
