Natural Gas Traders Eye Breakout Above Zero Block
Natural Gas (MCX) is trading around 311.5 after recovering from a sharp midday stop-hunt, maintaining a net bullish bias according to technical analysis.
The structure indicates that bulls are attempting to establish active acceptance above the zero block to open up higher expansion levels.
Wait for a high-volume 15-minute candle to break away from this immediate cluster to confirm institutional direction before executing.
Bullish triggers indicate a long entry above 310.63, with targets at 319.43 and 324.20.
Risk control suggests weakening below 309.15 and hard exit below 306.46.