Natural gas trading level as 10th October 2024Dear follower I have published some very crucial level of natural gas on which you have to monitor I have research and calculated this level on my best possible learning .
Natural Gas Futures
NATURALGAS1! trade ideas
MCX Natural Gas Analysis for medium termMCX:NATURALGAS1! looks bullish.
If we look at the daily chart carefully, we will see it retraced a lot and tested 125. Then it is mostly a range bound from 140 to 280.
Now this 280 level is also the 23% Fib retracement level.
Around this level the price hits already 5 times, after breakdown almost one and half year back. However this time it has created a W pattern. (or one can say a rounding bottom pattern).
After testing the 280 level in one week back, it retraces back a bit and most likely creating a nice Cup and Handle pattern.
Here are the expectations:
NG will test 280 level once more.
After that if it able to brakes it out 280, it will go to test the next resistance.
The next resistance is 400 level, positionally.
Also fundamentally, per the estimation of International Energy Agency (IEA) Global Gas Security Review, the Natural Gas demand is forecasted to rise by over 2.5 per cent in 2024, with similar growth expected in 2025. And it will be steady for next few years even with 1.5 degree Paris Weather convocation.
So stay alert. Above 280 sustains means it's a Buy on Dip on Natural Gas. Till then: Wait and Watch.
Natural gas downtrend start from 243 ,220,214,206 199 Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
mcx ng update edu pur.mcx ng stya blw 240 looks dwn fall in chart for short term 228--210++++ where hurdel 253 only stya abv or close than up side expect till 262--70++++
Natural gas until 255 not break sell on rise 239,235,229,220,215Natural gas until 255 not break sell on rise 239,235,229,220,215
Natural gas 254 Target hit now if break 243 downtrend will startDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural Gas : 27% to 159% Upside Potential#Naturalgas : 04 Oct 2024
"Life is Simple, we make it complicated, So is Trading.
Discover Simple, Yet POWERFUL IDEAS."
In Play : HH : HL
Summary
• CMP : 249.20
• Clean Price Action with Vol favor's BULLS FOOT PRINT
o Strong Price Action
• Trading right ABOVE VP mountains
- ATH : 801
Conclusion
• CMP 249.20
• Looks good for going NORTH
• Higher Levels could be around
o ST Higher Levels : 260/278/301
o MT/LT Levels : 318/386/493/648
Wish You Happy & safe trading
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Ng 233 support until not break buy dip 254,261 ,269-271 Target Ng 233 support until not break buy dip 254,261 ,269-271 upside Target
Support and resistance levels mentioned on chart
Natural Gas Intraday Technical Chart Analysis 3rd Oct., 24📈 Natural Gas MCX Future Intraday Technical Chart Analysis
📅 Date: 3rd Oct., 2024
📊 Range Trigger Point: 243.50
📉 Day Range: 9.40
🟢 Buy Above: 243.31
💼 Average Position: 242.20
🎯 Buy Target 1: 249.31
🎯 Buy Target 2: 252.90
🔵 Stoploss: 240.18
🔴 Sell Below: 241.09
🎯 Sell Target 1: 237.69
🎯 Sell Target 2: 234.10
🔵 Stoploss: 244.22
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#NaturalGas #MCX #Intraday #TradingSignals #TradingTips #NGFuture #Commodity #Trading
Natural gas 254, 261 ,269,271 Target until 230 not break buy dipDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas until 230 not break buy on dipDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas if recent high not break then 195,184 again possibleDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas sell trade active 184,175 ,161 Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas again ready for fall sell below 194 , Target 188,180Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NG MCX Future Intraday Technical Chart Analysis 17 Sept., 24📈 NG MCX Future Intraday Technical Chart Analysis
📅 Date: 17th September, 2024
📊 Range Trigger Point: 199.40
📉 Day Range: 10.70
🟢 Buy Above: 197.21
💼 Average Position: 195.95
🎯 Buy Target 1: 206.01
🎯 Buy Target 2: 210.10
🔵 Stoploss: 193.64
🔴 Sell Below: 194.69
🎯 Sell Target 1: 192.79
🎯 Sell Target 2: 188.70
🔵 Stoploss: 198.26
✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️
#NaturalGas #NG #MCX #TradingSignals #Intraday #TradingTips #Commodities #EnergyTrading
A inverse HEAD & SHOULDERS Set-up - NATURAL GAS MCX:NATURALGAS1!
Good to long above 189. (Wait for 5mint candle to close above our Entry level)
Support (SL):- 184
Targets :-
Level 1, 193
Level 2, 195
Level 3, 197
Achievable targets are mentioned in chart as well
👉🏻thetradeforecast 🇮🇳
NG not able to break 194-195 if daily closing above then buy dipDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas sell onrise until 194-195 not break downside 181,165Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Mcx Natural GasMCX Natural Gas - If Manages to defend and close above 150 level on monthly closing bases can then in coming month can see good upside move towards 250-300 levels .on closing strongly above 300 level will confirm double bottom and then can rise towards all time high in next 2 years ,keep on radar for long term buying interest price action in process of bottom formation near 2020 lows this year .
Natural gas sell on rise until 193-195 resistance not break Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural Gas LongAfter multiple attempts, Natural Gas is getting ready for an upward move. If it sustains above 190, it could move till 202-209.
Trade with a stop loss at 185.
Only for educational purposes.
Natural Gas LongAfter multiple attempts, Natural Gas is getting ready for an upward move. If it sustains above 190, it could move till 202-209.
Trade with a stop loss at 185.
Only for educational purposes.
Natural gas sell on rise sl 192 Target mentioned on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
