Natural gas yesterday traded with the negative node and settled -0.28% down at 247.7. Some support had been seen from the crude also which closed up by 0.87%, and closed at 3466. In yesterday's trading session natural gas has touched the low of 244.7 after opening at 249.6, and finally settled at 247.7. For today's session market is looking to take support at 244.6, a break below could see a test of 241.4 and where as resistance is now likely to be seen at 251, a move above could see prices testing 254.2.

Natural Gas trading range is 247-248.6.

Natural gas ended lower as traders weighed forecasts for cold weather in coming weeks

Now resistance is at 256.60 above this a rally till 260-262 can be seen.

The economic downturn undermined gas demand, particularly from industry.

BUY NAT. GAS FEB @ 245 SL 242 TGT 248.80-250.50-253.80.MCX

NATURAL GAS $ IS TRADING AT : 5.32$