Buy Natural Gas Future Target 215+

Price has formed a bullish engulfing candlestick pattern after a prolonged bearish move. RSI has formed a positive divergence and is now above 30. MACD had earlier formed a bullish crossover and is moving consistently above its signal line. Futures data of MCX show a long build-up. A long trade can be taken in MCX futures in between 197-204. Our study indicates that the price can rise up to 215 and above that, it can rise up to 219-226. The stop-loss will be below 191 on a daily close basis. Holding duration 1-4 trading sessions.

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Kommentera:

Awesome Trade,,,,, our target got done, natural gas future made high 225,8...i hope sabne acha paisa banaya hoga..now use traillng stop loss to book on higher range.

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