Natural-gas finished lower pressured by profit-taking despite weather forecasts pointing to brisk temperatures in the eastern and central U. S. over the next two weeks. Natural-gas were taking advantage of relatively high prices to sell contracts after the past week's run-up. Natural Gas yesterday we have seen that market has moved -1.64%.

Market has opened at 241.1 & made a low of 232.8 versus the day high of 243.7. The total volume for the day was at 40586 lots and the open interest was at 10887. Now support for the Natural Gas is seen at 230.30 and below could see a test of 226.10. Resistance is now likely to be seen at 241.20, a move above could see prices testing 247.90.

Trading Ideas:

NATURAL GAS TRADING RANGE IS 220-245.

NATURAL-GAS FINISHED LOWER PRESSURED BY PROFIT-TAKING

SELL NAT. GAS DEC BELOW 234 SL 238.60 TGT 232.50-228.60-224.20. MCX

NOW RES IS AT 237.60 ABV THIS A RALLY TILL 240-242 CAN BE SEEN.

TODAY NATURAL GAS STORAGE: EXP: -45B PREV: 2B