Moving inside a channel. Near term fundamentals doesnt favor sudden huge upmove but can move till the last downward breakout line before consolidating for the next upmove.
Real positivity is the increased demand for electricity generation which is happening and if thats the case with good summer heat, can see 250 by may or june itself.
Natural Gas has broken important support zone of 160-165 this week & now trading at 135.
Natural gas is approaching its next major support zone of 128-120
CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes.
SL would be below 119
Targets I'm expecting are 158 and 167 which was support zone before & now a...
📊 NATURAL GAS 26 MAR Weekly LEVELS Analysis
🎯 Weekly Range: 16.6
➡️ Buy: 153.46, Avg Pos: 151.5
🎯 Buy T1: 163.36, Buy T2: 169.7
❌ Buyer SL: 147.93
💰 Sell: 149.54
🎯 Sell T1: 142.84, Sell T2: 136.5
❌ Seller SL: 155.07
Analysis:
For the week starting on March 26th, the natural gas market presents a weekly range of 16.6. Here's a breakdown of the suggested levels...
Natural Gas has fallen 60-70% from the upside
Now NG is near long term support which is coming around 110-120
One should not miss this opportunity to BUY
Also RSI is also near to its weekly support
It is double confirmation from price wise and also from Indicator wise.
We can expect prices to rise upto 220-240 levels.
YES, That's almost 100% from...
natural gas made bottom out now looking some dedcat bounce till 148--158+++++ or more buy on dipsssss as per chart with sl 128 or let see more lvl stya tuned here
hello all,
Natural gas has hit its support on monthly chart and on hourly chart is showing reversal
i am long from 135 with sl 128
i also have 5 lots of 130 ce with same sl 128
tgt would be 154-161-168
Natural gas Avoid sell trade till recent low not break, buy above 140 , 155 and 165 to 170 we can see.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy...
The chart is self-explanatory and shared chart for educational purposes.
Trading below the moving averages of 50MA, 150MA, and 200MA.
Supply zone breakout with retracement.
High possibility of a downtrend.
Hello guys, some one texted me to know about till when ng goes down so here is the chart,
ng has witnessed a breakdown, now it will take support near to its previous trendline which lies near 138-140
if on daily and bullish reversal form at these level buy itm calls as short covering could be brutal for shorters, after touching the said levels shortcoveing can...
Considering the negativity surrounding natural gas. Almost all has been priced in and is in multiyear low. Now might be a good time to be long as any short covering can shoot up into good rally and it has to go to mean also
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Natural Gas is currently trading in a support zone of 170.
It is a long term support zone and CMP is 172.
Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.
Targets can be 192 & 210.
I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.
I've created long...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Resistance at 176. Here price touch 3 times and create a bearish pattern .
I have draw a blue color line . Above this line you can take trade for a target of 175-176.
If price continue below this blue line then wait for 169 then short yourposition.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
