Natural gas finished lower driven by a government report showing a substantial build in U.S. gas inventories for last week. The EIA reported an injection into underground gas storage facilities of 99 billion cubic feet for the week ended June 4. Natural Gas yesterday we have seen that market has moved -1.1%. Market has opened at 221.9 & made a low of 217.1 versus the day high of 225.8. The total volume for the day was at 37655 lots and the open interest was at 6012.Now support for the Natural Gas is seen at 215.1 and below could see a test of 211.7. Resistance is now likely to be seen at 223.8, a move above could see prices testing 229.1.

Trading Ideas:

Natural Gas trading range is 211.7-229.1.

Natural gas finished lower driven by a report showing a substantial build in gas inventories

Natural gas is taking support at 216.80 below this looks till 214-212 level

EIA reported an injection into underground gas storage facilities of 99 billion cubic feet

BUY NAT.GAS ABV 220 SL 217.50 TGT 222.40-225.60-228.MCX