Cup and Handle Breakout in NATURAL GASA classic bullish pattern has formed and broken out on the daily chart! Natural Gas futures have successfully crossed the neckline of the Cup and Handle pattern, indicating strong upside potential. 📈
📍 Breakout Zone: ₹354
🎯 Target: ₹408+
🛡️ Stop-Loss: ₹322
This breakout suggests a potential trend
Natural Gas Futures
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Contract highlights
Related commodities
Buy the base. Ride the breakout!
CMP: ₹310.20
Buy Zone: ₹309.50–₹310.50
Stop Loss: ₹308.50 (strict)
Targets:
• ₹314
• ₹318
• ₹322
⸻
Technical Thesis
• Demand Zone Reclaim: Price bounced exactly off the previously marked demand block near ₹309. This area has held as support multiple times.
• Volume Spike on Push: Last bullis
Natural gas as said last Friday 8-10% movement expected enjoy How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas updated levels booked 8 points profit buy dipHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural bought at 308 yesterday booked at 354 buy again 325How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
NATURALGAS (My Trading psychology)Hello FRIENDS!
The NATURALGAS price formed an ascending channel pattern in D. chart
At the moment, Price revers from support line lower high & higher low formation.
So, I expect a Bullish move from here.
SEE :-Trading psychology mirrors boxing —a mental and physical battle where discipline is key.
Natural gas holding sell from 336 -335 , 316,311 Target How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Natural gas we will see 8-12% upside movement next week buy heldHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas 296 Target hit then bounce buy dip nowHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Natural gas 296 to 288 downside fall will come then up move comeHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Natural Gas Futures is Apr 25, 2023.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Natural Gas Futures before Apr 25, 2023.