Mayur_Undale

Natural Gas_Short_30% downside

Short
Mayur_Undale Updated   
MCX:NATURALGAS1!   Natural Gas Futures
Date: 03 Dec 2020
Time: 9PM (IST)
Natural Gas (CMP: 189)

Head & Shoulder Pattern with price breakout below 10, 20 & 50 Daily EMA levels at the same time. Consistent and rising sell volumes in the last 5 days and RSI sharply going down below 50 levels. Natural Gas is headed downwards.

Target 130.
Target time 03 Feb 2021 (46 Sessions)

T1-165, T2-145, T3-130
SL 145
Trade active:
T1 achieved
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