📌 Natural Gas Futures (MCX) – Key Levels & Trend Outlook
Natural Gas Futures (MCX) is currently trading near a critical support zone of ₹335-₹325. If this level holds, we could see a potential rebound toward the ₹350-₹360 resistance zone. A breakout above this resistance could trigger further upside towards ₹375-₹400.
🔍 Technical Indicators:
📊 200-Day EMA: ₹330 – Acting as a key support level; holding above it may sustain bullish momentum.
📈 RSI (Relative Strength Index): Currently around 48 – A push above 55-60 would confirm bullish strength.
📉 MACD (Moving Average Convergence Divergence): Close to a bullish crossover, signaling potential upward momentum.
📊 Volume Analysis: Strong buying interest on rallies, while dips show lower selling pressure.
📌 Key Levels to Watch:
✅ Support Zone: ₹335-₹325
📍 Resistance Zone: ₹350-₹360
🚀 Upside Targets: ₹375-₹400
🚨 Breakdown Level: Below ₹325 could lead to further weakness.
A break above ₹360 could accelerate bullish momentum towards ₹375-₹400, while a drop below ₹325 may invite further downside pressure. Keep an eye on weather patterns, global LNG supply trends, and inventory data for additional confirmation.
Natural Gas Futures (MCX) is currently trading near a critical support zone of ₹335-₹325. If this level holds, we could see a potential rebound toward the ₹350-₹360 resistance zone. A breakout above this resistance could trigger further upside towards ₹375-₹400.
🔍 Technical Indicators:
📊 200-Day EMA: ₹330 – Acting as a key support level; holding above it may sustain bullish momentum.
📈 RSI (Relative Strength Index): Currently around 48 – A push above 55-60 would confirm bullish strength.
📉 MACD (Moving Average Convergence Divergence): Close to a bullish crossover, signaling potential upward momentum.
📊 Volume Analysis: Strong buying interest on rallies, while dips show lower selling pressure.
📌 Key Levels to Watch:
✅ Support Zone: ₹335-₹325
📍 Resistance Zone: ₹350-₹360
🚀 Upside Targets: ₹375-₹400
🚨 Breakdown Level: Below ₹325 could lead to further weakness.
A break above ₹360 could accelerate bullish momentum towards ₹375-₹400, while a drop below ₹325 may invite further downside pressure. Keep an eye on weather patterns, global LNG supply trends, and inventory data for additional confirmation.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.