$MCX:NATGAS — Chart Pathik Insights | 24-Oct-25
Natural Gas is trading at 295.7 after a volatile session, testing the lower end of its range just beneath the zero line at 296.7. Market participants are reacting to failed retests near the add-long and short-entry zones, indicating a pivot towards range expansion or a deeper leg down if the pressure continues.
Bearish Setup:
Short bias remains valid below 299.57, especially if price fails to reclaim the 301.20 add-long zone and loses momentum at intermediate pivots.
Downside Levels:
288.17: First support for quick profit-taking or scalp covers.
282.90: Full extension if the market unwinds further.
Risk Control: Shorts are best managed below 298.23; cover positions if swift reversals target 301.20 or above.
Bullish Setup:
Long ideas come into play above 302.83, especially with strong closes above 304.17 and sustained movement through the upper resistance targets.
Upside Levels:
305.23: First resistance and logical booking level.
310.50: Major extension if bullish momentum accelerates.
Risk Control: Long positions should be protected using 301.20 or 299.57 as tactical stops based on entry and volatility.
Neutral Range Logic:
The 296.7 zero line acts as the key session balance point—sideways price action is likely while traders jockey for a fresh directional break.
Use these mapped zones for disciplined intraday trading, smart entries, and adaptive exits.
If this approach empowers your analysis, boost, comment, and share—your feedback energizes the Chart Pathik community.
Follow for persistent, practical insights and consistently logical trading plans.
Natural Gas is trading at 295.7 after a volatile session, testing the lower end of its range just beneath the zero line at 296.7. Market participants are reacting to failed retests near the add-long and short-entry zones, indicating a pivot towards range expansion or a deeper leg down if the pressure continues.
Bearish Setup:
Short bias remains valid below 299.57, especially if price fails to reclaim the 301.20 add-long zone and loses momentum at intermediate pivots.
Downside Levels:
288.17: First support for quick profit-taking or scalp covers.
282.90: Full extension if the market unwinds further.
Risk Control: Shorts are best managed below 298.23; cover positions if swift reversals target 301.20 or above.
Bullish Setup:
Long ideas come into play above 302.83, especially with strong closes above 304.17 and sustained movement through the upper resistance targets.
Upside Levels:
305.23: First resistance and logical booking level.
310.50: Major extension if bullish momentum accelerates.
Risk Control: Long positions should be protected using 301.20 or 299.57 as tactical stops based on entry and volatility.
Neutral Range Logic:
The 296.7 zero line acts as the key session balance point—sideways price action is likely while traders jockey for a fresh directional break.
Use these mapped zones for disciplined intraday trading, smart entries, and adaptive exits.
If this approach empowers your analysis, boost, comment, and share—your feedback energizes the Chart Pathik community.
Follow for persistent, practical insights and consistently logical trading plans.
Technical Chart Analyst
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical Chart Analyst
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
Track: Indian & US Markets
Indices | Commodities | Crypto
Telegram: @ChartPathik for NSE & MCX
& @ChartPathik_Global for US Ins. & Crypto
WhatsApp: +91-99293-91467 for updates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
