Natural gas ended flat as moderating weather forecasts continued to place downward pressure on the market. Despite unusually cold weather in the major gas-consuming regions in recent weeks, gas traders were looking ahead to milder temperatures as spring approaches. The warmer weather is expected to curb the demand for natural gas for heating. Gas supplies remain ample despite recent withdrawals from storage. Total gas in U. S. storage as of Feb. 12 was 2.025 trillion cubic feet, about 2.7% above the five-year average and 1.3% above last year's level.

Trading Ideas:

Natural Gas trading range is 230-236.4.

Natural gas ended flat as moderating weather forecasts continued to place downward pressure

Now resistance is at 236.20 above this a rally till 239-241 can be seen.

The warmer weather is expected to curb the demand for natural gas for heating

BUY NAT. GAS FEB ABV 234 SL 230 TGT 238.20-240.50-244. MCX