National · National
Hold natural gas futures long
Source: Hindu BusinessLine · 21 hr ago
Summary
Natural gas futures have been trading between roughly ₹302 and ₹315 after a recent rally that pushed the October contract up to about ₹319. The analysis expects the price to stay bullish as long as it holds the ₹302 support, with a likely move up to the ₹315 resistance; a break below ₹302 could lead to lower levels. Traders are advised to adjust their stop‑loss to ₹298 and target the ₹315 level rather than the earlier higher goal.
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From the original report
Bullish bias for natural gas futures noted; tighten targets and stops with a revised plan aiming for ₹315 resistance and potential moves to ₹330 or ₹295.
Excerpt from Hindu BusinessLine.
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