2 days ago
Natural Gas Futures Rebound Possible Above ₹265 Support
Natural gas futures recently became cheaper after failing to move above ₹285.
The price is now around ₹269.60.
Analysts say ₹265 is an important floor, or support level.
If the price stays above that floor, buyers may return.
The price could then move back toward ₹285.
If it breaks above ₹285, it could possibly reach ₹300.
If the price falls below ₹265, it could drop to ₹257 and then ₹245.
The suggested plan is to buy near ₹269, use ₹262 as a safety stop, move the stop to ₹269 at ₹278, and sell at ₹285.
September natural gas futures fell to ₹269.60 after resistance at ₹285 triggered a sell-off.
The contract is trading below its 21-day and 50-day moving averages.
Support at ₹265 aligns with a rising trendline and is considered crucial for the outlook.
A rebound above ₹265 could lift prices toward ₹285 and potentially ₹300 after a breakout.
The suggested trade is to buy at ₹269, set a ₹262 stop-loss, and book profits at ₹285.
- Who
- Natural gas futures traders and market participants.
- What
- A trading strategy recommends buying September natural gas futures while outlining possible upward and downward price levels.
- Where
- The article discusses the natural gas futures market, with prices quoted in ₹ per mmBtu.
- When
- Published September 14, 2026; the strategy applies to September futures.
- Why
- The recommendation is based on ₹265 holding as support and the possibility of a rebound toward ₹285.
Key facts
- Current price
- ₹269.60/mmBtu
- Contract
- September natural gas futures
- Key support
- ₹265
- Resistance
- ₹285
- Upside target
- ₹300 if ₹285 breaks
- Downside levels
- ₹257, followed by ₹245 if the decline extends
- Trade strategy
- Buy at ₹269; initial stop-loss at ₹262; book profits at ₹285
Sources
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