Natural gas prices dropped last week to test its critical supports @ 220 levels,
close below 220 we may expect a steep correction up to 197 levels, with some
intermediate supports, natural gas prices has already given a breakdown but
immediate supports at 220 is the only concern, closes below the said levels then
we expect prices to test 210 205 200 and 197 levels.
Weekly Call :
Sell Natural gas only below 218.5 on closing basis
with stops above 225
for targets 210 , 205, 200 and 197.