Short-term trading in NaturalGas, specifically scalping, for natural gas using a 15-minute timeframe.
Timeframe: 15 minutes (meaning each candlestick or data point on the chart represents a 15-minute interval)
Direction: The expectation is for the price to move upwards.
Levels:
Upside Target: Aim to capitalize on a price increase, with a target range set...
Natural Gas - COT reports turning Bullish. Waiting for DAILY Momentum to turn positive and Daily Close above 3.000. NG has potential to touch 4.4 in coming weeks and months. I will be looking for Buying Opportunities on 240/60 Mins TF after it does that.
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 /...
