Natural Gas Futures (MCX) – Intraday Analysis - 6th Oct., 2025

NATURALGAS1!
Natural Gas is trading at 298.7, consolidating below recent resistance and major supply after a minor downtrend, with price action holding around the neutral zone and awaiting a directional breakout.

Bullish (Long) Setup
Long Entry (303.0):

Initiate long trades above 303.0, which signals a breakout over the recent resistance and descending trendline, confirming buyers retaking control.

Additional exposure can be added near 301.75 if dips are bought and price forms a higher low.

Upside Targets:

304.7 (Target 1): Immediate supply and intraday high—key zone for partial booking.

308.6 (Target 2): The extended bullish target in case of strong momentum, mapping to higher channel resistance.

Stop Loss:

Place just below 299.5 (long exit level) or 298.3 (neutral zone) to contain risk from false breakouts.

Bearish (Short) Setup
Short Entry (300.5):

Shorts become actionable below 300.5, on sustained failure to reclaim resistance, giving further advantage to sellers.

Downside Targets:

291.9 (Target 1): Previous low and first major support area where covering may occur.

288.0 (Target 2): Deeper extension, marking aggressive selling or stop-loss sweep area.

Stop Loss:

Place above 301.8 (add-long band) to avoid losses on failed breakdowns.

Range/Neutral Logic
Neutral Zone (298.3):

Price consolidating in this area denotes indecision—await a clear breakout or breakdown before committing to trend trades.

Sustained acceptance above 303 confirms bulls; below 299.5 risks further slide.