Natural-gas ended lower Monday as ample gas supplies, falling crude oil prices and a mild weather outlook weighed on the market. The number of rigs drilling for natural gas reached 973 last week, an increase of 28% from the end of 2009, according to oil-field-services provider Baker Hughes Inc.

Trading Ideas:

Natural Gas trading range is 169.8-185.4.

Natural-gas ended lower Monday as ample gas supplies

Now resistance is at 177.20 above this a rally till 179-181 can be seen.

The number of rigs drilling for natural gas reached 973 last week

SELL NAT.GAS APR @ 179 SL 182 TGT 176.50-174.20.MCX

SELL JEERA MAY ON JUMP @ 11780-800 SL 11870 TGT 11712-11660-11600.NCDEX