DISCLAIMER ONLY FOR EDUCATIONAL PURPOSE . TRADE QWN YOUR OWN RISK
Ng fut CMP188.6 buying range 185.5 -183 Targets 189- 191- 193.5- 196+
CAN BUY IF GIVES A SUSTAINABLE CLOSE ABOVE 190.6 SL SHOULD NOT BE MORE THAN 1 RS.
NG will be doing sideways before its final target to 186++ . Please do consider that this analyses are only for study purpose ! Please do not rely solely by this idea ,always consult with your financial Advisor before entering any trade. Pleae show your support by your like and comments.
GAIL (India) Ltd is India`s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services. Though the International Natural Gas Prices acts as the LEAD INDICATOR for GAIL Share Prices. Don't take my word for it, go and check...
Please do consider that this analyses are only for study purpose ! Please do not rely solely by this idea ,always consult with your financial Advisor before entering any trade.
Expecting some correction after reaching 185
Short Natural Gas August 2020 Futures for closing below 184 ; Current Market Price 187 ; profit booking maybe expected | 1st Target 175 ; 2nd Target 170
NG Positional Analysis Ng fut CMP 171 Short for Target 165- 160- 155- 150- 145-140+ SL 181 ( Daily candle closing basis) Daily Supply Zone + Looks Small RSI divergence - Harmonic Getting ready Risk of 12500 rs
Please do consider that this analyses are only for study purpose ! Please do not rely solely by this idea ,always consult with your financial Advisor before entering any trade.
mentioned reasons of view in Chart. This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I have all the rights to be wrong on my views :) - TraderMonk
commodities one after other started their bull market. first and foremost it is gold, commodity king give the brake out, now it making all time highs. then silver, natural gas, crude oil, zinc, aluminium you name it all are making higher highs. these bull markets started with supply disruptions because of lockdowns. but this will further spiral up side...