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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: 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 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.
Yorum:

Target 1 reached on upside.
Yorum:

achieved second target too on upside !!


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Yorum:

Natural gas facing a strong resistance just above the supply zone. a double top pattern can be seen now.
Yorum:

Natural Gas successfully achieved all the targets on downside after the breakdown from demand zone marked in green rectangle on the chart. Just the way as planned.
Yorum:
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Disclaimer: All the Views are purely for educational purpose.