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Natural Gas important levels to watch !

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MCX:NATURALGAS1!   Natural Gas Futures
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 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.



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#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.
Comentário:


achieved target 1 in natural gas.
Comentário:


plotted levels are working perfectly well, natural gas achieved target 2 on upside , Inventory data suggests more upside. lets see.

follow us for further price action.
Comentário:



natural gas achieved all the targets today itself.

now extended target for the day can be 262.2
Comentário:


as described in the earlier snapshot, it was clearly mentioned that inventory data suggests bullish movement. And natural gas reacted positively...

All the targets achieved in natural gas today !!
Comentário:


the chart says it all!

i hope everyone had a wonderdul day! Follow us for more such insightful ideas and timely updates daily.
Comentário:
as you guys can see, I have already updated in previous snapshots that inventory data suggests bullish movements and the results are in front of you all.

Our followers always gets informed about such events and future probabilities with risk management. Follow us now to get timely alerts regarding further ideas.
Trade fechado: objetivo atingido