MCX Natural Gas Trend - Support and Resistance Levels


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

Last Update: 15/07/24

Trend

Signal

Intraday

Down Trend

Short Term

Down Trend

Long Term

Down 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

195.23

192.10

196.80

198.73

201.87

Sell below

192.10

195.23

190.53

188.08

185.47

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

199.03

201.87

207.23

Intraday Natural Gas Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

190.83

185.47

182.63

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

199.70

Two Days Before High

196.30

Yesterdays High

196.50

Pivot

193.67

Yesterdays Low

188.30

Two Days Before Low

189.50

Three Days Before High

192.10

Earnometer Natural Gas Update:

Earnometer Natural Gas

Important Natural Gas Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

180.70

4MH

Four Month before High

165.50

3MH

Three Month before High

175.20

2MH

Two Month before High

243.60

LMH

One Month before High

261.20

CMH

Current Month High

216.40

4WH

Four Week before High

245.40

3WH

Three Week before High

239.60

2WH

Two Week before High

216.40

1WH

One Week before High

204.70

CWH

Current Week High

191.80

PDH

Yesterdays High

196.50


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

128.50

4ML

Four Month before Low

131.10

3ML

Three Month before Low

133.60

2ML

Two Month before Low

160.40

1ML

One Month before Low

217.00

CML

Current Month Low

188.30

4WL

Four Week before Low

223.30

3WL

Three Week before Low

217.30

2WL

Two Week before Low

194.90

1WL

One Week before Low

188.30

CWL

Current Week Low

189.10

PDL

Yesterdays Low

188.30

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

199.53

193.27

202.66

206.54

212.80

Sell below

193.27

199.53

190.14

185.23

180.00

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

204.50

212.80

220.90

Short Term Natural Gas Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

188.10

180.00

171.70

Long Term Natural Gas Price Trend


Long Term Trend - natural gas is currently in Down 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

240.34

223.46

248.78

259.22

276.10

Sell below

223.46

240.34

215.02

201.80

187.70

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

246.80

276.10

291.00

Long Term Natural Gas Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

202.60

187.70

158.40

Natural Gas Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



214.50

200.71

Resistance 3 (R3)

207.23

201.87

206.30

198.46

Resistance 2 (R2)

201.87

198.73

201.40

197.70

Resistance 1 (R1)

199.03

196.80

198.10

196.95

Pivot Point

193.67

193.67

193.20

193.67

Support 1 (S1)

190.83

190.53

189.90

195.45

Support 2 (S2)

185.47

188.60

185.00

194.70

Support 3 (S3)

182.63

185.47

181.70

193.94

Support 4 (S4)



173.50

191.69

Natural Gas Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



235.00

205.22

Weekly R3

220.90

212.80

218.60

200.71

Weekly R2

212.80

206.54

211.65

199.21

Weekly R1

204.50

202.66

202.20

197.70

Weekly Pivot Point

196.40

196.40

195.25

196.40

Weekly S1

188.10

190.14

185.80

194.70

Weekly S2

180.00

186.26

178.85

193.19

Weekly S3

171.70

180.00

169.40

191.69

Weekly S4



153.00

187.18

Natural Gas Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



327.00

241.81

Monthly R3

291.00

276.10

282.80

229.65

Monthly R2

276.10

259.22

272.00

225.60

Monthly R1

246.80

248.78

238.60

221.55

Monthly Pivot Point

231.90

231.90

227.80

231.90

Monthly S1

202.60

215.02

194.40

213.45

Monthly S2

187.70

204.58

183.60

209.40

Monthly S3

158.40

187.70

150.20

205.35

Monthly S4



106.00

193.19

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.