Levels By: Trading Marcos
Instrument: Natural Gas MCX Future
Contract Month: December Future
Intraday Levels For: 29.11.2023
Day Range : 9.10 Points
Range Trigger Point: 243.00
Buy At 246.92
Add Position 245.85
Buy Target 1 248.62
Buy Target 2 252.10
Standard SL 245.42
Preferred SL 243.28
Sale At 244.78
Sale...
MCX:NATURALGAS1! natural gas to move upside if gives green closing today, 3 possible targets as market on the chart , as long as natural gas stays above 235, dont short.
Natural Gas important levels to watch are as follows
#Support: 282.1
Sell below: 282.1 only on 15 minute candle closure below the level.
Target 1: 279.1
Target 2: 276.9
Target 3: 274.2
#Resistance: 287
Buy Above: 287 only on 15 minute candle closure Above the level.
Target 1: 290
Target 2: 294.9
Target 3: 301.9
=> # Remember each level will act as a...
US oil prices are facing headwinds in the near term, as storage levels remain elevated and weather forecasts are bearish. This could lead to a test of support at 281.7 per barrel. However, if prices can hold above this level, there is potential for a rebound to resistance at 297.3 per barrel.
*Key Technical Levels*
Resistance: 297.3
Support: 281.7
*Technical...
Natural Gas important levels to watch are as follows
#Support: 247.6
Sell below: 247.6 only on 15 minute candle closure below the level.
Target 1: 246
Target 2: 243
#Resistance: 250.5
Buy Above: 250.5 only on 15 minute candle closure Above the level.
Target 1: 252.3
Target 2: 255.2
Target 3: 258.6
=> # Remember each level will act as a support and...
NATURAL GAS MCX
cmp 228
PURE POSITIONAL TRADE SETUP
FORMATION OF ASCENDING TRIANGLE PATTERN
Resistance Zone 230---240
If sustains above it for 2 days it will be considered a BREAKOUT....
Short Term Targets 250 / 257 / 263 / 272 / 279 / 286 / 295
Positional Targets 300 / 315 / 330 / 345 / 360 / 375 /...
Entering strong demand zone and trading close to rising trendline entry in 210-215 range on correction .If holds 200 on day closing bases can show strong upwards momentum towards august month highs of 250 and then towards 280 in next 5-7 weeks .
Dear Followers,
I hope this message finds you well. I wanted to provide you with an update on the current state of the MCX:NATURALGAS1! market.
As of 14-Oct-2023 , natural gas prices are trading at 270-272 , .
The market has been influenced by factors such as factors like supply and demand, weather conditions, geopolitical events.
Upside Resistance -...
Hi friends, it's a daily chart of commodity Natural gas as we can see after a long consolidation in parallel channel finally it breakout channel resistance and currently trading above that resistance, so if price will close above we can see above marked target can arrive in coming sessions, Price has come here so far by making higher lows and now trading above...
