Archive · 19 Jun 2025
Natural Gas Futures Surge: Bullish Breakout Predicted
Imagine natural gas prices like a rollercoaster.
They were going down, but now they're zooming up!
In just a week, the price jumped 15%.
It's currently at ₹344.
Experts think this means the price will keep going up, like when a rocket blasts off.
A key number to watch is ₹330; it used to be a barrier, but now it's like a safety net to stop the price from falling too much.
If you were trading, you might buy some gas at the current price and keep an eye on those numbers to know when to sell for profit!
Natural Gas Futures surged 15% in one week.
The contract is currently trading at ₹344 per mmBtu.
A bullish breakout is indicated by the price surge.
₹330 is a key resistance level, now a strong support.
Potential target of ₹415 in the coming weeks.
- Who
- Not specified
- What
- Natural Gas Futures contract surge.
- When
- In the last one week.
- Where
- On the Multi Commodity Exchange.
- Why
- The surge indicates a bullish breakout.
- Current Price
- ₹344 per mmBtu
- Weekly Surge
- 15%
- Key Resistance/Support
- ₹330
- Target Price
- ₹415
- Trade Strategy
- Go long at ₹344, accumulate at ₹338, stop-loss at ₹312, exit at ₹410
- Published
- June 19, 2025