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.

Target 1 reached on upside.

achieved second target too on upside !!

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

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.
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Disclaimer: All the Views are purely for educational purpose.