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Commodities

Natural Gas Futures Bounce Near 377.1 on MCX

Guavy AI Editorial Team
Instruments
Natural Gas
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Natural Gas futures are trading near 377.1 on MCX, bouncing from recent lows and testing the zero line at 376.50.

The trend is trying to turn from a sharp selloff into a corrective rebound, but overhead resistance remains close.

The bullish structure suggests longs should activate above the Long Entry level at 379.67, targeting 387.07 and 393.60.

On the other hand, shorts remain attractive if price fails to hold above 377.65-379.67, with targets at 365.93 and 359.40.

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