Natural gas prices tumbled nearly 4 percent after the government said supplies are still higher than average for this time of year. With the winter more than half over and warmer temperatures on the horizon, natural gas prices slumped. Natural gas yesterday traded with the negative node and settled -3% down at 240.2. Some support had been seen from the crude also which closed up by 1.9%, and closed at 3628. In yesterday's trading session natural gas has touched the low of 239.2 after opening at 248.5, and finally settled at 240.2. For today's session market is looking to take support at 236.4, a break below could see a test of 232.7 and where as resistance is now likely to be seen at 246.7, a move above could see prices testing 253.3.

Natural Gas trading range is 237.7-241.1.

Natural gas prices tumbled nearly 4 percent after the government said supplies are still higher

Now resistance is at 245.40 and support is seen at 238.60 level.

Natural gas: lost 21.4 cents to settle at $5.172 per 1,000 cubic feet.

SELL NAT.GAS @ 240 SL 243.50 TGT 238.20-236.40-234. MCX

NATURAL GAS  $ IS TRADING AT : 5.14$