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Nov 8, 2023 10:15 AM

Natural Gas in INR 1W 

Natural Gas FuturesMCX

Description

Natural Gas will consolidate util mid January 2024 between 239 and 298.
In the second half of January 2024 the last part of consolidation will take place eventually followed by a breakout happening no later than March 2024.
The time of breakout (and its retest) will be dictated by how price action tackles the level of 274.
After breakout (and retest) price might run to the range of 396-466.
BUY zone: 239-274
SELL zone: 396-466
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