Long Position in Natural GasNatural Gas has broken important support zone of 160-165 this week & now trading at 135.
Natural gas is approaching its next major support zone of 128-120
CMP is 135 & I'm opening long position in futures. I'll add more position if 125-126 comes.
SL would be below 119
Targets I'm expecting are 158 and 167 which was support zone before & now a resistance.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NG1! trade ideas
Natural Gas MCX Weekly Analysis 4-8 March, 2024📊 NATURAL GAS 26 MAR Weekly LEVELS Analysis
🎯 Weekly Range: 16.6
➡️ Buy: 153.46, Avg Pos: 151.5
🎯 Buy T1: 163.36, Buy T2: 169.7
❌ Buyer SL: 147.93
💰 Sell: 149.54
🎯 Sell T1: 142.84, Sell T2: 136.5
❌ Seller SL: 155.07
Analysis:
For the week starting on March 26th, the natural gas market presents a weekly range of 16.6. Here's a breakdown of the suggested levels and targets:
Weekly Range: The expected range for the week is 16.6, indicating potential market movement within this range.
Buy Strategy: Consider initiating a long position at 153.46, aiming for an average position around 151.5. This entry point offers a favorable risk-reward ratio.
Buy Targets: Target a price of 163.36 for the first exit (Buy T1), followed by a higher target of 169.7 for the second exit (Buy T2). These targets reflect potential upward momentum in the market.
Buyer Stop Loss: To mitigate downside risk, set a stop-loss order at 147.93. This level acts as a safeguard against adverse price movements.
Sell Strategy: If considering short positions, look to sell at 149.54, capitalizing on potential market reversals or profit-taking opportunities.
Sell Targets: Target a price of 142.84 for the first exit (Sell T1), followed by a lower target of 136.5 for the second exit (Sell T2). These targets indicate potential support levels or areas of price consolidation.
Seller Stop Loss: Implement a stop-loss order at 155.07 to manage risks associated with short positions.
Keep in mind that market conditions may change rapidly, so stay vigilant and adapt your strategy accordingly.
#NaturalGas #NG_F #Gas #Energy #Commodities #NatGas #NatGasFutures #NG #TradingNG #NGas
Natural Gas is getting ready for 100% move on the upsideNatural Gas has fallen 60-70% from the upside
Now NG is near long term support which is coming around 110-120
One should not miss this opportunity to BUY
Also RSI is also near to its weekly support
It is double confirmation from price wise and also from Indicator wise.
We can expect prices to rise upto 220-240 levels.
YES, That's almost 100% from current prices.
Natural gas will bounce from current price to 155 and 170 level Natural gas Avoid sell trade till recent low not break, buy above 140 , 155 and 165 to 170 we can see.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
where ng will bottom outHello guys, some one texted me to know about till when ng goes down so here is the chart,
ng has witnessed a breakdown, now it will take support near to its previous trendline which lies near 138-140
if on daily and bullish reversal form at these level buy itm calls as short covering could be brutal for shorters, after touching the said levels shortcoveing can take it to 154-157 levels , so plz wait for levels to enter. If you have any doubts feel free to ask ... happy trading
Natural gas MCX 130-127 next level below 200 Target was 165On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Long bet on NATURAL GAS?Natural Gas is currently trading in a support zone of 170.
It is a long term support zone and CMP is 172.
Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.
Targets can be 192 & 210.
I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.
I've created long position in futures. This is my analysis and not buy/sell recommendation.
Natural gas said earlier 160 near strong support 127 next TagtOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural gas MCX near 160 very strong support till not break buy On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Natural Gas MCX Feb Future Analysis for 3 Feb, for F&O📊 Natural Gas - 27 Feb Fut Analysis 📈
Natural Gas 27 Feb Fut Levels : 📅 Day Range - 5.8 Point
Buy at 173.08 🚀
🎯 Target 1 - 177.48
🎯 Target 2 - 179.7
➕ Add one lot at 172.4
🛑 Buyer SL - 170.22
Sell at 171.72 📉
🎯 Target 1 - 170.32
🎯 Target 2 - 168.1
🛑 Seller SL - 174.58
Analysis:
Natural Gas's 27 Feb Fut levels suggest a buying opportunity at 173.08, aiming for targets of 177.48 and 179.7. Consider adding one lot at 172.4. On the selling side, 171.72 may lead to targets of 170.32 and 168.1. Exercise caution and adjust strategies based on market dynamics.
#NaturalGasAnalysis #FuturesTrading #CommodityMarket #GasFutures #DayTrading #MarketOutlook #TechnicalAnalysis #ProfitableTrading #CommodityAlerts #FinancialMarkets
#NATURALGAS | 2nd FEB | Intraday setup || MCX
🔸Timeframe: 1 hour
🔸Strategy: Short
If fail to sustain above 170, then further downside will be seen like 165/160
________________
Natgas prices hit a 9-month low after EIA reported a smaller-than-expected draw in inventories, influenced by warm U.S. temperatures reducing heating demand.
Natural Gas good risk and reward ratio Natural gas has corrected enough and in range bound beriod from last 3 days.
now it seems, have made bottom and bounce from this level possible.
We can observe volume and price pattern forming bottom and accuation has started.
currently both russian and americal russian pattern seems bullish.
Take long position @ 2.158 (SL 2.092 TG 2.337) .1:3 risk and reward ratio.
this is only for learning please take advice from your expert before taking any position
Stays at the support ready to make a move - Natural GasNatural Gas is now residing in its year long support zone around 175 - 160 range if it breaks down it can go till its lifetime support zone of around 115 - 120 . if breaks above 190 (Giving a bullish confirmation) we shall expect it to go at least till 280. Remember this is a positional call which could go on for months.
Natural Gas MCX Future Analysis for Today 1 Feb., 2024
🔥 NATURAL GAS 27 FEB FUT LEVELS 📊 - Trading Alert! 🚀
📅 Day Range - 9.3 Points
📈 Buy at 176.75
🎯 Target 1 - 182.95
🎯 Target 2 - 186.5
💡 Add one lot at 175.65
🛑 Buyer SL - 173.05
📉 Sell at 174.55
🎯 Target 1 - 171.45
🎯 Target 2 - 167.9
💡 Add one lot at 178.25
🛑 Seller SL - 178.25
Trade smart and good luck! 📊💼 #NaturalGas #GasTrading #CommodityMarket #EnergyPrices #TradingAlert #MarketWatch #FuturesTrading #InvestmentTips #DayTrading #FinancialMarkets - Stay informed and stay profitable! 💹🔍 #MarketAnalysis #TradingStrategies #FinancialFreedom
Natural Gas MCX Future Analysis for Today 29 Jan, 2024🔥 NATURAL GAS 27 FEB FUT ANALYSIS 🔥
Levels: Day Range: 29.4 Points
Buy at: 228.17
Target 1: 233.17
Target 2: 244.4
Add one lot: 224.7
Buyer SL: 219.73
Sell at: 221.23
Target 1: 196.83
Target 2: 185.6
Seller SL: 229.67
📊 Analysis:
Natural Gas opens with a Buy entry at 228.17, eyeing targets at 233.17 and 244.4. Adding one lot at 224.7 enhances the position with a cautious Buyer Stop Loss at 219.73. For sellers, an entry at 221.23 is aimed at targets 196.83 and 185.6, with a Seller Stop Loss at 229.67.
📈 Market Outlook:
The day range indicates moderate volatility, providing opportunities for both buyers and sellers. Traders are advised to stay vigilant and adapt strategies based on market movements.
📌 Prominent Hashtags:
#NaturalGas #CommodityTrading #FuturesAnalysis #TradingView #TechnicalAnalysis
Trade smartly and stay informed! 📊💹