Natural Gas FuturesShort
NG (MCX): Week of - 13/02/2023
Levels:
Support: 200-190
Resistance: 220, 230, 250
OI Data (21st Feb Expiry):
Nearest Major Resistance in NG per OI data: 220, 230, 250
Nearest Major Support in NG per IO data: 200
Trade setup:
1. Looking at the OI data, most likely range-round is: 200-250
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 230 | 220 | 250| 300
-----------------------------------------
SELL | < 195 | 205 | 175 |150
+++++++++++++++++++++++++++++++++++++++++
Support: 200-190
Resistance: 220, 230, 250
OI Data (21st Feb Expiry):
Nearest Major Resistance in NG per OI data: 220, 230, 250
Nearest Major Support in NG per IO data: 200
Trade setup:
1. Looking at the OI data, most likely range-round is: 200-250
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 230 | 220 | 250| 300
-----------------------------------------
SELL | < 195 | 205 | 175 |150
+++++++++++++++++++++++++++++++++++++++++
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