NG1! trade ideas
#NATURALGAS || 26 Dec || Intraday setup
🔸Timeframe: 4 hour
🔸Strategy: Short
Natural gas futures rose 4.8%, ending a volatile week and snapping a six-week losing streak. The market saw fluctuations around on contracts, with bulls gaining momentum. Light demand is expected until Dec. 30, and colder temperatures in early January could boost gas use.
Resistance: 211.1
Support: 207.4
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Important Levels For the week With live chart linkMCX:NATURALGAS1!
Hello Folks .!
I have marked all the important levels that could of great use.
These levels are simple and self explanatory.
Use these levels with your existing trading strategy or experience to gain maximum benefit out of it.
Since I am sharing live link to the chart I will add the Trend channel as and when needed.
All the best Folks.! Hope you have a profitable week .
Natural Gas important levels to watchNatural Gas important levels to watch are as follows
#Support: 214
Sell below: 214 only on 15 minute candle closure below the level.
Target 1: 211
Target 2: 206
#Resistance: 218.8
Buy Above: 218.8 only on 15 minute candle closure Above the level.
Target 1: 221.8
Target 2: 226.9
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Natural Gas Mini Intraday Prediction Levels for 5 Dec 2023Natural Gas Mini Intraday Prediction Levels for 5 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Natural Gas MCX Future Analysis 05 Dec, 2023 - Trading Marcos🔥 Trading Update! 📈 Check out the Intraday Levels for Natural Gas MCX Future on 05.12.2023, provided by Trading Marcos! 🌬️
📊 Contract Details:
Instrument: Natural Gas MCX Future
Contract Month: December Future
Day Range: 10.50 Points
Trigger Point: 223.90
📈 Buy Levels:
Buy At: 228.99
Add Position: 227.75
Buy Target 1: 230.39
Buy Target 2: 234.40
Standard SL: 227.49
Preferred SL: 225.01
💰 Sale Levels:
Sale At: 226.51
Sale Target 1: 217.41
Sale Target 2: 213.40
Standard SL: 228.01
Preferred SL: 230.49
📊Stay ahead of the Natural Gas market trends!
💹 #NaturalGas #MCXFuture #IntradayTrading #LevelsByTradingMarcos #MarketAnalysis 🚀
Natural Gas Future Weekly Analysis - 04 to 08 Dec., 2023📈 Trade Alert: NG Position Update! 🚀
📅 Weekly Range: $0.22
Buy at: $2.88
Add one lot at: $2.85
Target: $2.99 / $3.1
Stop Loss (Standard): $2.8067
Preferential Stop Loss: $2.72
📉 Sell at:
Price: $2.82
Target: $2.64 / $2.53
Stop Loss (Standard): $2.9167
Preferential Stop Loss: $2.98
💡 Trade Strategy:
Seize the opportunity in the natural gas market! We recommend a buy position at $2.88 with a target range of $2.99/$3.1. Consider adding one lot at $2.85 for optimized gains. Use a standard stop loss at $2.8067 and a preferential stop loss at $2.72 to manage risks.
For the sell position at $2.82, target the range of $2.64/$2.53. Employ a standard stop loss at $2.9167, with a preferential stop loss at $2.98 to safeguard your investment.
🔄 Weekly Outlook:
Keep an eye on the weekly range of $0.22 for potential market movements.
🚨 Risk Management is Key:
Remember to manage your risk effectively and trade responsibly. Markets can be unpredictable, so stay informed and adapt your strategy accordingly.
📈📉 Happy Trading! 📊🚀
#TradingAlert #NaturalGas #MarketUpdate #TradeSmart
Natural gas buy on dip till 220 not break 250 , 270 , 290 upsideOn 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 TARGET 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 at 240-241.
Invalidation Level: The suggested point at which the trade idea would be considered invalid is if the price drops below 235.5.
Reasoning:
The analysis mentions a "bearish rising wedge," suggesting that despite the current upward movement, there might be a pattern forming that could lead to a reversal. It's essential to monitor the price action closely.
🔥Natural Gas Futures Alert! 30 Nov., 2023🔥 Natural Gas Futures Alert! 📈📉
🗓 Date: 30.11.2023
📊 Day Range: 9.80 Points
🎯 Trigger Point: 236.50
🟢 Buy Levels:
Buy At: 237.26
Add Position: 236.10
Buy Target 1: 242.56
Buy Target 2: 246.30
Standard SL: 235.76
Preferred SL: 233.44
🔴 Sale Levels:
Sale At: 234.94
Sale Target 1: 230.44
Sale Target 2: 226.70
Standard SL: 236.44
Preferred SL: 238.76
💹Trade wisely and harness the energy market!
⚡ #NaturalGas #MCXFuture #IntradayTrading #MarketAlert #CommodityTrading
Natural Gas MCX Future Analysis for 29.11.2023 (Options Also)
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 Target 1 237.38
Sale Target 2 233.90
Standard SL 246.28
Preferred SL 248.42
📣 Disclaimer: Trading involves risk. These levels are for informational purposes only and not financial advice. Always trade responsibly and consider risk management.
📈 Follow @TradingMarcos for daily levels and instrument insights.