akshit_official

Long bet on NATURAL GAS?

Largo
akshit_official Actualizado   
MCX:NATURALGAS1!   Natural Gas Futures
Natural Gas is currently trading in a support zone of 170.

It is a long term support zone and CMP is 172.

Long position can be taken at CMP and more can be added around 168-166 levels with Stoploss below 162.

Targets can be 192 & 210.

I'm expecting the gap to be filled which was created some days ago because of panic selling & news flow.

I've created long position in futures. This is my analysis and not buy/sell recommendation.
Operación activa:
CMP 179

My long position still active.
Operación activa:
CMP 172.20
Operación activa:
CMP 173.50

Consolidating in a narrow range which is good. The more it consolidates, bigger will be the breakout.

My long position is still active.
Operación activa:
CMP 168.40

Adding more position here.

Strict SL 161.50 in place.
Operación cerrada: precio stop alcanzado:
SL reached.

Closed my long position.
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