#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
Contract highlights
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
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
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
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The nearest expiration date for E-mini Natural Gas Futures (Jan 2024) is Dec 26, 2023.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell E-mini Natural Gas Futures (Jan 2024) before Dec 26, 2023.