◾️ Natural Gas – Trendline Breakout.
In today's trading session, MCX Natural Gas surged by +4.41%, indicating strong bullish sentiment. A clear upward trendline breakout and a higher high, higher low pattern confirm a short-term bullish trend.The breakout above the key resistance level of ₹336, followed by a positive close, signalling strong bullish momentum. If the price sustain above 336 level could signal the continuation of bullish momentum with upside targets projected at Rs 357 & Rs 380 level in near term. The key support is identified at Rs 327 level.
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Source- Mirae Asset Sharekhan Research Team
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Posted On: 19 Jun 2025 11:26 AM
