Natural gas on MCX settled down -0.84% at 188.70 as trader book profit on the expectation that a larger-than-expected increase in supplies can be seen. Adding to the bearish sentiment, the build outpaced the five-year average for the first time in six weeks. Investors were also keen to book profits after surges over the prior two weeks. While on Monday natural gas edged higher hitting their strongest level in more than a week as near-term weather forecasts turned warmer.

Trading Ideas:

* Natural gas trading range for the day is 184.7-194.9.

* Natural gas dropped as trader book profit on the expectation that a larger-than-expected increase in supplies can be seen.

* Highs of upper 80s to 100s are expected to drive considerably stronger than normal national demand until the end of the week.

* Early market expectations for this week's storage data due on Thursday is for a build in a range between 37 and 47 billion cubic feet.

Get More>> Commodity Market Tips >> Click Here>> http://www.ripplesadvisory.com/services.php.