#Naturalgas ALERT! MCX
✔️Price trapped in a tight squeeze (145.8 - 150.6) - BIG breakout COMING!
📈 Bulls or bears, this one's about to EXPLODE!
Long target: 155- 160
Stoploss: 148
NATURAL GAS Trade idea - Educational purposes.The chart is self-explanatory and shared for educational purposes.
Natural gas is currently trading within a support zone. If it reverses from this level, we may see stronger uptrends. However, if the support breaks with a clear signal, it could indicate a downtrend.
Trade with Stop-loss
🚨 Discla
NATURALGAS Weekly Trade || 18 April - 24 April
Timeframe: 4-hour
Entry: Favorable above 149
Targets: 155.5, 162
Stop Loss: 145
Technical Analysis:
Natural Gas Storage data is pivotal for price movements, reflecting the market's supply-demand equilibrium. Elevated storage builds may exert bearish pressure, while lower builds or draws could dr
NG to enter up trend on weekly chart, buy on dipsBoth indicators - stochastics and VI, are strongly oversold on weekly chart and there is a clear bullish wedge pattern. NG may touch 200. Buy on dips. Right now at 161 is a buy.
📆 #Naturalgas Update MCX || April 16
🔸Technical Analysis:
Support: 142
Resistance: 149.1
🔸Current Observation: Natural gas has found support at the 141.3 level.
Market News:
🔸European natural gas prices have surged to a 2024 high, driven by heightened tensions in the Middle East, supply disruptions, and forecasts of lower wind condi
MCX Natural gas about test 130 Based on 2hr charts a close below 149 may trigger a fall to 130 .Plz check the trendlines and supports .Please take decisions on your own .This is for educational purpose only
Natural Gas MCX Weekly Chart Analysis for 15-19 April, 24NG MCX 26 April Future Technical Chart Weekly Analysis for 15-19 April, 2024!
📊 Range Point: 148.50
📈 Weekly Range: 16.60
🎯 Buy Above: 155.56
🎯 Average At: 153.60
🎯 Buy Target 1: 158.76
🎯 Buy Target 2: 165.10
🛑 Buyer Stoploss: 150.03
📉 Sale Below: 151.64
🎯 Sale Target 1: 138.24
🎯 Sale Target 2: 1
NG MCX May Future Weekly Technical Analysis 29 Apr-3 May📊 NG MCX Future Technical Chart Analysis
📅 29 May Future
🎯 Range Point: 160.50
🎯 Weekly Range: 33.60
📉 Buy Above: 154.36
📉 Average At: 150.40
🎯 Buy Target 1: 181.26
🎯 Buy Target 2: 194.10
🛑 Buyer Stoploss: 143.16
📉 Sale Below: 146.44
🎯 Sale Target 1: 139.74
🎯 Sale Target 2: 126.90
🛑 Seller Stoplos
Natural Gas support resistance level.Natural gas crashed and touched the lower boundary symmetrical triangle. if it brak that then market will head toward next support level at 1.59 and if it further correct will hard toward multi year low 1.52 level.
The reason for correction is possible increase in the natural gas inventory by 80 B
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Frequently Asked Questions
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for LNG Japan/Korea Marker (Platts) Futures. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of LNG Japan/Korea Marker (Platts) Futures technicals for a more comprehensive analysis.
The current price of LNG Japan/Korea Marker (Platts) Futures is 10.325 USD — it has fallen 1.01% in the past 24 hours.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For LNG Japan/Korea Marker (Platts) Futures this number is 30.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for LNG Japan/Korea Marker (Platts) Futures shows that traders are closing their positions, which means a weakening trend.