Natural Gas Futures (MCX) – Intraday Analysis for 7th Oct., 25

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Natural Gas Futures (MCX) – Intraday Analysis for 7th Oct., 25 Natural Gas FuturesMCX:NATURALGAS1!ChartPathikNATURALGAS1! Natural Gas is trading at 299.6, consolidating just below the Neutral Zone (300), after failing to hold above resistance and forming lower highs in recent sessions. The chart shows increasing risk of volatility near the session trendline pivot. Bullish Setup Long Entry (305.03): Fresh longs are attractive above 305.03 as price reclaims intraday resistance, confirming buyers have regained control. Add more if price holds above 303.55 (add-long band), with dips supported and higher lows developing. Upside Targets: 307.73 (Target 1): First supply, ideal for partial exit or trailing stops. 312.50 (Target 2): Extended bullish target if momentum expands. Stop Loss: Place below 300.86 (long exit) or trail as price moves up. Bearish Setup Short Entry (302.08): Shorts trigger below 302.08 on breakdowns from intraday base, confirming sellers dominating price action. Downside Targets: 292.28 (Target 1): Demand zone and prior reaction low, logical for profit booking. 287.50 (Target 2): Next mapped extension for aggressive downsides. Stop Loss: Cover shorts if price retakes 305.03 zone to reduce risk on failed breakdown. Neutral/Range Logic Neutral Zone (300): Current price action near Neutral Zone signals indecision—expect range-bound moves until a clean break above 305.03 or below 302.08 for trend alignment. Trendline support below may create whipsaw volatility if not held.