Natural gas finished higher driven by forecasts of sweltering summer weather and by government data showing a smaller-than-expected build in U.S. gas inventories for last week. U.S. Energy Information Administration report showing a build in gas storage of 87 billion cubic feet for the week ended June 11. Natural Gas yesterday we have seen that market has moved 1.24%. Market has opened at 234 & made a low of 231 versus the day high of 239.5. The total volume for the day was at 35057 lots and the open interest was at 5996.Now support for the Natural Gas is seen at 231.4 and below could see a test of 227. Resistance is now likely to be seen at 239.9, a move above could see prices testing 244.

Trading Ideas:

Natural Gas trading range is 237.2-238.4.

Natural gas finished higher driven by forecasts of sweltering summer

Natural gas is taking support at 234.20 below this looks till 232-230 level

U.S. EIA report showing a build in gas storage of 87 billion cubic feet for the week

BUY NAT.GAS @ 234-235 SL 229 TGT 238-241-244.MCX