Natural-gas ended higher driven by hot weather and predictions of an unusually active hurricane season. Forecasts of warmer-than-normal temperatures in the major gas-consuming regions were buoying gas prices.

Gas supplies remain ample despite predictions of a relatively modest build in U. S. gas inventories. Natural Gas yesterday we have seen that market has moved 2.08%. Market has opened at 202.3 & made a low of
200.1 versus the day high of 207.5.

The total volume for the day was at 23121 lots and the open interest was at 6300. Now support for the Natural Gas is seen at 202 and below could see a test of 197.3. Resistance is now likely to be seen at 209.4, a move above could see prices testing 212.1. Trading Ideas: Natural Gas trading range is 197.3-212.1.

Natural-gas ended higher driven by hot weather Natural gas is taking support at 204.80 below this looks till 202-200 level Today natural gas storage: Exp: 90B Prev: 104B BUY NAT.GAS JUNE @ 200 SL 198 TGT
202.50-204.80-206. MCX