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MCX Natural Gas Long-Term Outlook – Target 300+

free mcx naturalgas calls chart

free mcx naturalgas calls chart

According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal.

Targets: 234.6 – 263.9 – 305.6

Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits.

Significant releases or events that may affect the movement of natural gas on Wednesday, Oct 28, 2020:

  • 02:00: U.S. API Weekly Crude Stock
  • 20:00: U.S. Crude Oil Inventories
  • 20:00: EIA Weekly Refinery Crude Runs
  • 20:00: U.S. Crude Oil Imports
  • 20:00: U.S. Cushing Crude Oil Inventories
  • 20:00: U.S. Gasoline Production
  • 20:00: U.S. Heating Oil Stockpiles
  • 20:00: U.S. Gasoline Inventories

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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