Long bet on NATURAL GAS?

31. Jan.

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.

1. Feb.

Trade ist aktiv

CMP 179

My long position still active.

2. Feb.

Trade ist aktiv

CMP 172.20

6. Feb.

Trade ist aktiv

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.

7. Feb.

Trade ist aktiv

CMP 168.40

Adding more position here.

Strict SL 161.50 in place.

9. Feb.

Trade geschlossen: Stop wurde erreicht

SL reached.

Closed my long position.