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.
NGF2023 trade ideas
📆 #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 conditions.
🔸UK natural gas futures surged to a 2024 high of above 81 pence a therm, driven by geopolitical tensions, supply disruptions, and increased LNG imports from Asia.
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: 131.90
🛑 Seller Stoploss: 157.17
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#NG #NaturalGas #GasPrices #NatGas #EnergyTrading #MCX #CommoditiesFutures #CommoditiesOptions
📆#NaturalGas - MCX Update | 11 Apr
Technical Analysis: Natural gas prices bullish above 160.1, bearish below 154.5.
🔸UK natural gas futures surged to nearly 72 pence due to fears of attacks on Ukrainian storage.
🔸Oil prices at six-month highs amid Middle East tensions.
🔸Japanese LNG demand rises, intensifying global supply competition.
SENTIMENTS : Bullish🚀
Wait for 1 hour candle for confirmation.
Natural gasNatural gas at multi year support zone with positive divergence on weekly timeframe nears longterm trendline resistance breakout above shall see reversal upside after considerably longtime
Natural Gas Long Trade Setup !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk : Reward: 5-6 times.
NATURALGAS | MCX | DAILY SETUP - Apr 9
Technical Analysis:
Short covering observed.
Support: 155.
Resistance: 159.9, also previous week's high.
target - 159.9 - 164
European natural gas prices surged due to a pipeline outage and concerns over the Ukraine conflict affecting energy supplies.
LNG prices rose with increased demand in Asia.
NATURAL GAS 26 MAR LEVELS 📊 NATURAL GAS 26 MAR LEVELS
🎯 Weekly Range: 16.30
📉 Buy at: 153.67
🎯 Buy Target 1: 161.57
🎯 Buy Target 2: 167.80
📉 Average Position: 151.75
🛑 Buyer Stoploss: 148.24
📉 Sell at: 149.83
🎯 Sell Target 1: 141.43
🎯 Sell Target 2: 135.20
🛑 Seller Stoploss: 155.26
#NaturalGas Update | MCX | 5th - 8th AprilTechnical Analysis Report
Timeframe: 1 Hour
Long Entry: Buy Natural Gas between the price range of 105.7 to 105.9.
Target Price: Aim for a target range of 152.4 to 153.
Stop Loss: Set a stop loss at 149.1.
Logic: Anticipating upward movement towards the 100-period Exponential Moving Average (EMA) and resistance at 152.4.
natural gas breakout update edu. purnatural consolidate many timed with in range now eys on 155 if stya abv or close abv thna we see 185--190+++ soon where support sl 143 if any want to buy it looks break out on daily chart
Natural Gas Trade Buy Natural Gas in between 141.3-151.3 Possible Uptrend breakout! Target Up to 185
⛽ Natural Gas MCX Future Weekly Chart Analysis 1-5 April, 24⛽ NATURAL GAS 26 APR TECHNICAL CHART LEVELS
🎯 Weekly Range: 11.9
📉 Buy at: 149.35 | Average at: 147.95
🎯 Buy Target 1: 153.85 | 🎯 Target 2: 158.4
🛑 Buyer Stoploss: 145.38
📉 Sell at: 146.55
🎯 Sell Target 1: 139.15 | 🎯 Target 2: 134.6
🛑 Seller Stoploss: 150.52
#NG #NaturalGas #GasPrices #NatGas #MCX #EnergyTrading #MCX #CommoditiesFutures #CommoditiesOptions
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#NaturalGas Update || MCX || 22nd March
🌐Timeframe 1 Hour
📅 Date: March 20
📉 Technical Analysis: Natural gas is currently exhibiting a symmetrical triangle pattern within a narrow range on the 1-hour timeframe. This indicates indecision in the market.
📊 As per the analysis, it's prudent to wait and observe if the price continues within the triangle pattern before considering any trading decisions.
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
#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
