“Below is the MCX Natural Gas Futures view according to my understanding of Gann analysis”
Presently main trend is up and short term trend is also up.
Till now I am not expecting any downside until and unless Natural Gasl close below 253.00 successfully. So Buy on dip is the strategy now.
Now watch resistance around 288.00 and support stand around 280.30-276.45-265.00
If resistance 288.00 is taken out then watch for 291.00- 295.60- 299.45- 303.10
If the Bullishness continues Natural Gas may go to 357.00
MCX-NATURAL GAS FUT VIEW