natural gas futurenatural gas future
trade : long
buy call @ 147 above
sl @ 142
target 1 @ 160
target 2 @ 165
note :
this information is for education only
NATURALGAS1! trade ideas
#NaturalGas Update | 20Mar | MCXTimeframe: 1Hour
Strategy: Long
Technically
Natural gas price is forming a triangle pattern, suggesting a potential breakout. Traders watch for a decisive move.
As per the news
Natural gas prices surged as colder US weather forecasts increased heating demand.
Shutdown of a Texas LNG terminal unit limited exports, while lower US electricity output dampened demand.
Weekly EIA reports showed a smaller-than-expected decline in inventories, indicating ample supplies.
#Naturalgas NG trend still sideways to negative, after last inventory resulted Naturalgas in downside and still the trend continues.
Upside level: 148
Downside level: 142
So follow these levels and trade accordingly
Natural Gas | 18 Mar Update MCX
Timeframe: 15 minutes.
NaturalGas below 100 EMA suggests bearish sentiment.
Consolidation box break signals downside movement.
Idea for short-term trade opportunity in natural gas.
Traders may consider short positions based on EMA and consolidation break.
Natural Gas MCX Future Weekly Analysis 18-22 Mar, 24📊 NATURAL GAS 26 MAR LEVELS
Weekly Range: 15.7
- Buy at: 146.9
- Buy Target 1: 148, Target 2: 154
- Avg. Position: 145.05
- Buyer SL: 141.667
- Sell at: 143.2
- Sell Target 1: 128.6, Target 2: 122.6
- Seller SL: 148.433
Natural gas aims 135 below 141MCX Natural gas trying to bottom at 135 bsaed on 4 hour chart.One can initiate shorts at 141 with a clear target of 135 and extended targets upto 120 on weekly basis till 15th March
NaturalGas Update | MCX | Mar 15
🕓TimeFrame: 1 hour
Technically: Natural gas found support at 137.1 and rose post-inventory data. Currently forming a broadening wedge pattern, indicating a positive outlook in the 1-hour timeframe. If manage to sustain above 147-148 we will see further upside levels
As per the news:
🔸Nat-gas prices surged after a larger-than-expected inventory drawdown of -9 bcf.
🔸Cooler weather forecasts and short-covering also contributed to the price rally.
🔸However, abundant supplies and reduced LNG exports due to a terminal closure in Texas are still pressuring prices.
Natural gas sell given at 164 now at 142 Target hit 136 nextOn 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
🪙 #NaturalGas MCX | Update - 12 March
🕓 Time Frame : 4HOUR
🔽 Status : Neutral
🌐 Important
📆 11.03.2024
➖➖➖➖➖➖
🔸Downward trend: Prices have been generally dropping recently.
🔸Support at $146.50: If the price breaks below this level, expect a steeper drop to $137.70.
🔸Upside potential: If the price stays above $152.00, a possible upward trend might emerge.
🔸Remember: This is just a short-term analysis based on a specific timeframe.
🔥 Natural Gas MCX Future Weekly Analysis 11-15 Feb🔥 NATURAL GAS 26 MAR LEVELS Weekly Analysis
Weekly Range 19.3 Points
💰 Buy at 158.13
🎯 Buy Target 1 - 163.63
🎯 Buy Target 2 - 171
📈 Average Position 155.85
🛑 Buyer Stoploss - 151.70
💲 Sell at 153.57
🎯 Sell Target 1 - 139.77
🎯 Sell Target 2 - 132.40
🛑 Seller Stoploss - 160.00
Naturalgas important levelsMoving 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.
Long Position in Natural GasNatural 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 resistance.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Natural Gas MCX Weekly Analysis 4-8 March, 2024📊 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 and targets:
Weekly Range: The expected range for the week is 16.6, indicating potential market movement within this range.
Buy Strategy: Consider initiating a long position at 153.46, aiming for an average position around 151.5. This entry point offers a favorable risk-reward ratio.
Buy Targets: Target a price of 163.36 for the first exit (Buy T1), followed by a higher target of 169.7 for the second exit (Buy T2). These targets reflect potential upward momentum in the market.
Buyer Stop Loss: To mitigate downside risk, set a stop-loss order at 147.93. This level acts as a safeguard against adverse price movements.
Sell Strategy: If considering short positions, look to sell at 149.54, capitalizing on potential market reversals or profit-taking opportunities.
Sell Targets: Target a price of 142.84 for the first exit (Sell T1), followed by a lower target of 136.5 for the second exit (Sell T2). These targets indicate potential support levels or areas of price consolidation.
Seller Stop Loss: Implement a stop-loss order at 155.07 to manage risks associated with short positions.
Keep in mind that market conditions may change rapidly, so stay vigilant and adapt your strategy accordingly.
#NaturalGas #NG_F #Gas #Energy #Commodities #NatGas #NatGasFutures #NG #TradingNG #NGas
Natural Gas is getting ready for 100% move on the upsideNatural 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 current prices.
natural gas bottom out updatenatural 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
natural gas can reverse nowhello 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 will bounce from current price to 155 and 170 level 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 or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NATURAL GAS MONTHLY ANALYSISThe 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.
where ng will bottom outHello 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 take it to 154-157 levels , so plz wait for levels to enter. If you have any doubts feel free to ask ... happy trading
Natural gasConsidering 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
Natural gas MCX 130-127 next level below 200 Target was 165On 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
