Contract highlights
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
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
📆#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 compet
📆 #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
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.
#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 Ave
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Frequently Asked Questions
The current price of Henry Hub Natural Gas Futures (Jun 2029) is 3.62 USD — it has fallen 0.36% in the past 24 hours.
The nearest expiration date for Henry Hub Natural Gas Futures (Jun 2029) is May 29, 2029.
The best time to sell a futures contract is when you've already made money on the investment, but still have plenty of time left before the expiration date. Thus, a good option would be to sell Henry Hub Natural Gas Futures (Jun 2029) before May 29, 2029.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Henry Hub Natural Gas Futures (Jun 2029) this number is 63.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Henry Hub Natural Gas Futures (Jun 2029) shows that traders are closing their positions, which means a weakening trend.