Natural Gas yesterday we have seen that market has moved 0.04%. Market has opened at 225.9 & made a low of 222.8 versus the day high of 229.8. The total volume for the day was at 19641 lots and the open interest was at 6537. Now support for the Natural Gas is seen at 221.2 and below could see a test of 218.5. Resistance is now likely to be seen at 228.2, a move above could see prices testing 232.5.

Trading Ideas:

NATURAL GAS TRADING RANGE IS 195-220.

A DIP TOWARDS 210-213 LEVEL WILL BE THE GOOD LEVEL FOR BUYING TGT 230-235.

BUY NAT GAS DEC @ 220-222 SL 216 TGT 225.20-227.80-230.20.MCX

NOW RES IS AT 226.40 ABV THIS A RALLY TILL 229-232 CAN BE SEEN.

SUPPORT FOR THE NATURAL GAS IS AT 220.60 BELOW THIS NEXT SUP IS AT 217.20-214.40.