MCX Natural Gas Trend - Support and Resistance Levels


Overall MCX Natural Gas Trend for today, tomorrow, current & next week and month

Last Update: 30-05-2023

Trend

Signal

Intraday

Down Trend

Short Term

Down Trend

Long Term

Up Trend

Below natural gas  trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are very important market turnaround reversal or breakout levels to lookout for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit - entry or entry - exit. These forecast are valid from intraday to short term to long term.

MCX Natural Gas Trend Today


MCX natural gas  is currently in Down Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

Commodity Natural Gas Price Trend Chart

MCX Natural Gas Trend

Intraday Natural Gas Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

199.42

195.98

201.14

203.26

206.7

Sell below

195.98

199.42

194.26

191.57

188.7

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

Intraday Natural Gas Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

201.1

206.7

210.1

Intraday Natural Gas Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

192.1

188.7

183.1

Earnometer Natural Gas


Below earnometer natural gas power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Natural Gas Levels

Price

Three Days Before High

199.8

Two Days Before High

205.9

Yesterdays High

203.3

Pivot

197.7

Yesterdays Low

194.3

Two Days Before Low

197.8

Three Days Before High

186.3

Earnometer Natural Gas Update:

Earnometer Natural Gas

Important Natural Gas Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

586.4

4MH

Four Month before High

376.7

3MH

Three Month before High

231.8

2MH

Two Month before High

246.2

LMH

One Month before High

206

CMH

Current Month High

222.7

4WH

Four Week before High

198.2

3WH

Three Week before High

190.3

2WH

Two Week before High

222.7

1WH

One Week before High

212.7

CWH

Current Week High

203.3

PDH

Yesterdays High

203.3


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

367.5

4ML

Four Month before Low

218.6

3ML

Three Month before Low

163.4

2ML

Two Month before Low

165.5

1ML

One Month before Low

160.5

CML

Current Month Low

168

4WL

Four Week before Low

168

3WL

Three Week before Low

177.5

2WL

Two Week before Low

187.5

1WL

One Week before Low

186.3

CWL

Current Week Low

194.3

PDL

Yesterdays Low

194.3

Short Term Natural Gas Trend


According to quant's technical analysis mcx natural gas is currently in Down Trend for short term.The below analysis & forecast is valid for tomorrow & current week.

Short Term Natural Gas Trend

Short Term Natural Gas Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

204.54

194.46

209.58

215.82

225.9

Sell below

194.46

204.54

189.42

181.52

173.1

We also anticipate the commodity natural gas futures to respond on the below support and resistance levels for this week.

Short Term Natural Gas Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

212.7

225.9

239.1

Short Term Natural Gas Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

186.3

173.1

159.9

Long Term Natural Gas Price Trend


Long Term Trend - natural gas is currently in Up Trend for long term. The above forecast is valid for current month.

MCX Natural Gas Long Term Price Trend

Natural Gas Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

196.59

179.21

205.28

216.02

233.4

Sell below

179.21

196.59

170.52

156.91

142.4

In addition, we expect the commodity natural gas futures to respond on the following resistance and support levels for this particular month.

Long Term Natural Gas Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

215.3

233.4

260.8

Long Term Natural Gas Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

169.8

142.4

124.3

Natural Gas Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



218

200.45

Resistance 3 (R3)

210.1

206.7

209

197.98

Resistance 2 (R2)

206.7

203.26

206.15

197.15

Resistance 1 (R1)

201.1

201.14

200

196.32

Pivot Point

197.7

197.7

197.15

197.7

Support 1 (S1)

192.1

194.26

191

194.68

Support 2 (S2)

188.7

192.14

188.15

193.85

Support 3 (S3)

183.1

188.7

182

193.02

Support 4 (S4)



173

190.55

Natural Gas Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



266.2

214.02

Weekly R3

239.1

225.9

239.8

206.76

Weekly R2

225.9

215.82

226.25

204.34

Weekly R1

212.7

209.58

213.4

201.92

Weekly Pivot Point

199.5

199.5

199.85

199.5

Weekly S1

186.3

189.42

187

197.08

Weekly S2

173.1

183.18

173.45

194.66

Weekly S3

159.9

173.1

160.6

192.24

Weekly S4



134.2

184.98

Natural Gas Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



310.05

222.22

Monthly R3

260.8

233.4

264.55

209.71

Monthly R2

233.4

216.02

235.27

205.54

Monthly R1

215.3

205.28

219.05

201.37

Monthly Pivot Point

187.9

187.9

189.77

187.9

Monthly S1

169.8

170.52

173.55

193.03

Monthly S2

142.4

159.78

144.27

188.86

Monthly S3

124.3

142.4

128.05

184.69

Monthly S4



82.55

172.18

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi commodity exchange of India. Technical trend analysis of natural gas is done every day and updated at between 9.15 to 9.30 am on daily basis.