MCX Natural Gas Futures Stall Near ₹265 Support Level
Natural gas futures on the Multi Commodity Exchange (MCX) are trading at ₹269.60 per mmBtu, testing a critical support level of ₹265.
The contract has been consolidating in recent periods as market participants closely watch its reaction to this key zone.
A failure to hold ₹265 could signal further weakness for the commodity, while a bounce might face resistance at ₹285 and potentially even ₹300 if that barrier is cleared.