MCX Natural Gas Live Price Today


Here is the latest mcx natural gas live price analysis and charts.

MCX Natural Gas Live Price as on 08/06/21

Last Price

Open

High

Low

P.Close

Volume

222.70

226.10

226.60

221.10

226.30

115451.00

On the MCX, natural gas futures price change is about -1.60% to previous change 226.30. The total volume of shares traded is 115451.00.

Over the last one week mcx natural gas price change is about 5.82%. Over the last 30 days, the price change is about 8.30%.

MCX Natural Gas Live Price Chart


MCX Natural Gas Trading System 1 :

MCX Natural Gas Live Price

How to Trade the Natural gas Intraday Signals Chart

BUY Trade Entry

Green up arrow & candle stick must trade above the yellow trend line.

BUY Trade Exit

Trail Stop-loss as per green dotted lines or stop loss price given in text box or when a candle stick crosses below the yellow trend Line

SELL Trade Entry

Red Down arrow & candle stick must trade below the yellow trend line.

SELL Trade Exit

Trail Stop-loss as per red dotted lines or stop loss price given in text box or when a candle stick crosses above the yellow trend Line

We also expect the commodity natural gas futures to react on the above support and resistance levels for today.

*The below MCX Natural Gas Live Price Charts are updated every 10 mins with auto refresh.

MCX Natural Gas Trading System 2 :


MCX Natural Gas

How to Trade the Natural Gas Multiple Super Trend Chart

BUY Trade Entry

When both super trend indicators are in uptrend. In other words two green stop loss lines below the candlestick.

BUY Trade Exit

When either of the super trend goes in downtrend.

SELL Trade Entry

When both super trend indicators are in downtrend. In other words two red stop loss lines above the candlestick

SELL Trade Exit

When either of the super trend goes in uptrend.

We have further improved the famous super trend strategy by using two different super trend indicators for generating trade call signals. The strategy increase profits by almost 70% by using two super trend indicators and also helps in exiting fast from the market when the trend is not intact.

MCX Natural Gas Price Technical Analysis


Quant's Today Trend score for MCX Natural Gas is 7.00

* A trend score of greater than 5 signals that the commodity is bullish for the day while trend score of less than 2 signals bearish trend*

Indicator

Value

Signal

RSI

RSI is 65.56

Neutral

MACD

MACD : 4.93

Signal Line : 3.99

Bullish

Stochastic

%D is 83.78

%K is 88.32

Bullish

MFI

62.12

Neutral

Aroon

1.00

Bullish

Bollinger Band

BBTop is 235.80

BBBot is 207.95

Above Top

Simple Moving Average Short Term

SMA(15) is 222.78

Bullish

Simple Moving Average Mid Term

SMA(45) 215.49

Bullish

Simple Moving Average Long Term

SMA(100) 206.15

Bullish

MCX Natural Gas Interactive Real Time 5 Mins Intraday Chart


MCX Natural Gas Overview


Natural Gas is a fossil fuel that is found deep inside the earth’s crust. It is formed when dead plants and animals are buried under the earth and are exposed to intense heat and pressure.

It is used as alternative fuel and found its application in fertilizer and plastic industry besides from being used as a cooking and heating.

Characteristics of Natural Gas

  • Naturally Occurring
  • Non-Renewable
  • Hydrocarbon Gas mixture with Methane as its primary constituent
  • Colorless
  • Odorless
  • Tasteless

As Natural Gas is odorless in its original form, it becomes difficult to detect its leakage, and it can get hazardous and dangerous to the environment. A substance called Mercaptan is added to it to help in detecting its leakage.

The three main locations where Natural gas is found are:

  • Between layers of rocks
  • In small pores of Sedimentary Rocks
  • In coal beds

Rocks that yield Natural Gas are found both in the land as well as in oceans.

Natural gas is also produced while exploring oil from wells.

Natural Gas obtained from well is known as Wet Natural Gas as it contains liquid hydrocarbon and non-hydrocarbon gases.

The Natural Gas has to be processed to make it dry and fit for use. During this process, Methane and other useful gases are separated from the Natural gas to make it dry and usable.

The final product is transported through pipelines to distributors and eventually to consumers.

LNG is a liquid state of natural gas and is 600 times smaller than its gaseous state.

Natural gas obtained from the coal beds can be used without any further processing.

Top 5 Producers of Natural Gas

  1. •    United States
  2. •    Russia
  3. •    Iran
  4. •    Qatar
  5. •    Canada

Top 5 Countries that have the most Natural Gas

  • •    Russia
  • •    Iran
  • •    Qatar
  • •    USA
  • •    Saudi Arabia

Five main uses of Natural Gas

  1. Power Generation: The most of the Natural Gas that is produced is used for generating power.
  2. Industrial Demand: In industries, Natural Gas is used as raw material to manufacture fertilizers, chemicals and hydrogen.
  3. Residential Sector: Nearly 20% of the demand for Natural Gas comes from the residential sector. Natural gas is used for both cooking and heating.
  4. Transportation: Natural gas is used as an alternative fuel, and it is used in the transportation sector to operate compressors that move Natural gas through pipelines.
  5. Commercial: On commercial front Natural gas is used to heat buildings and water, operate refrigeration and cooling equipment.

Factors that influence the price of Natural Gas

  • Supply: The major determinant of the price of the Natural Gas is its production. It is not easy to find new lands, wells and others sources to obtain Natural Gas. Therefore, in the years where the supply is steady the price of Natural Gas fell and vice-versa.
  • Weather: The extremities of weather affect the drilling process, and it further impacts the supply. Extremely cold weather can also limit the production of Natural gas. When the supply is affected, it certainly affects the price.
  • Economic Growth: During the economic growth demand for the Natural gas in the industrial as well as commercial sector rises and it in-turn raises the price.
  • In-storage Supplies: Underground storage facilities impact the price of the natural gas as well. When domestic production and imports fail to meet the demand, these storage facilities can provide the supplies of natural gas and play their role in controlling the prices to soar.In the scenario when the demand of the Natural gas is too low, these storage facilities can absorb the production and prevent the prices from falling further.

Reasons to invest in Natural gas

  • Demand and Supply both are inelastic in the short run and cannot be easily shifted to other commodities.
  • Natural gas should be added to the portfolio for better diversification and management of the risk.
  • It is a good bet to hedge against the inflation and week dollar.

Risk of investing in Natural gas

  • Global recession might slash the demand of this commodity
  • The consumer might shift to other cheaper substitutes available in the market.
  • Appreciating the dollar will also negatively impact this commodity.

Contract Specifications


Symbol

NATURALGAS

Description

NATURALGASMMMYY

Contract Listing

Contracts are available as per the Contract Launch Calendar

Contract Start Day

4 months in advance is launched. As per the Contract Launch Calendar

Last Trading Day

Contracts expire on or around 25th of every month of the expiry month, 4 months later.

Price Quote

Rs. per mmBtu

Lot size

1250 mmBtu

Tick Size

10 paise (0.10 rupees)

Profit/Loss made for every ₹ 1 change

Rs. 1250

Trading Period

Monday to Friday

Trading Timings

10.00 a.m. to 11.30/ 11.55 p.m

Commodity Group

Oil & Energy

Instrument Type

COMMODITY FUTURES

Initial Margin

Minimum 4% or based on SPAN whichever is higher.

Contract Launch Calendar


Contract Month

Contract Launch Months

Contract Expiry Months

January 2018

27 October 2017

25 January 2018

February 2018

28 November 2017

23 February 2018

March 2018

27 December 2017

26 March 2018

April 2018

29 January 2018

25 April 2018

May 2018

26 February 2018

25 May 2018

June 2018

27 March 2018

26 June 2018

July 2018

26 April 2018

26 July 2018

August 2018

28 May 2018

28 August 2018

September 2018

27 June 2018

25 September 2018

October 2018

27 July 2018

26 October 2018

November 2018

29 August 2018

27 November 2018

December 2018

26 September 2018

26 December 2018

* Contract Launch Calendar Source MCXINDIA https://www.mcxindia.com/home

MCX Natural Gas Price History


Date

Price

Open

High

Low

Volume

10/06/21

229.20

229.90

233.40

228.80

149213.00

09/06/21

228.30

228.10

231.00

226.70

129351.00

08/06/21

229.40

224.60

233.20

224.60

158039.00

07/06/21

222.70

226.10

226.60

221.10

115477.00

04/06/21

226.30

222.90

227.40

220.10

206287.00

03/06/21

222.40

224.50

225.90

221.40

122206.00

02/06/21

223.30

226.20

228.40

222.90

128634.00

01/06/21

227.10

222.40

229.70

222.40

162396.00

31/05/21

221.70

219.70

222.30

219.20

105793.00

28/05/21

217.50

215.00

221.20

214.60

137856.00

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