THD1! trade ideas
Natural Gas breakdownThis is How it looks now ...From 9 september to 18 th ....Almost 35 points fall .
natural gas trend reversal divergencenatural gas has been exausted finally and rsi showing quite strength ...if rsi cross above 40 then surwly go for long
Naturalgas sep Fut Open above 164.5 will take to 174-176.5 down side support seen 166.3 if breaks this next S/R is 160-155
Long Natural gas I am long Natural gas since 169.5 and bought on every dip. Super capture by our Algo today
1st target is 173
2nd target is 175
SL 167.5
Natural Gas SHORT It's quite a shorting phase going on for Natural gas. We need to sell the rally for NG with no clear uptick in demand in near future, supplies remain considerably high. Great intraday moves by natural gas
MCX:NATURALGAS1! Intraday/Short TermIn downtrend.
Bounce only if it starts to stay above 171.5
Untill then use Pitchfork for future support and resistance.
Natural Gas breakdownAfter Following the uptrend for few months .Now a Breakdown of trendline ..
For support it would go on for few more Days . As the International market sides shows .
Bullish Gartley Natural Gas Natural gas current month......bullish gartley
Buy range 185- 188
Target 202
Trailing Stop
Natural Gas expect the upside momentum to continueNG proces have been consolidating @ the 23.6 fib retracement levels, any stock during an uptrend dont tend to retrace more than 50% . We are expecting NG to move upside and probably break previous or might atleast make a double top...
Ng fut CMP188.6 buying range 185.5 -183 Targets 189- 191- 193.5Ng fut CMP188.6 buying range 185.5 -183
Targets 189- 191- 193.5- 196+
CAN BUY IF GIVES A SUSTAINABLE CLOSE ABOVE 190.6CAN BUY IF GIVES A SUSTAINABLE CLOSE ABOVE 190.6
SL SHOULD NOT BE MORE THAN 1 RS.
