Natural gas gained more than 5 percent on speculation that an improving U. S. economy will lift demand for the industrial and power-plant fuel. The department will probably say stockpiles advanced 81 billion cubic feet last week. Natural Gas yesterday we have seen that market has moved 5.93%. Market has opened at 185.5 & made a low of 182.6 versus the day high of 189.5. The total volume for the day was at 35429 lots and the open interest was at 12679. Now support for the Natural Gas is seen at 183.7 and below could see a test of 179.7. Resistance is now likely to be seen at 190.6, a move above could see prices testing 193.5.

Trading Ideas:

Natural Gas trading range is 179.7-193.5.

Natural gas gained as rebounding economy to spur fuel demand

Now resistance is at 178.80 above this a rally till 180-182 can be seen.

Today natural gas storage: Exp: 81B Prev: 31B

SELL NAT.GAS BELOW 186 SL 189 TGT 184.20-181.50-178.60.MCX