Natural gas on MCX settled up 2.18% at 197.10 on fresh buying extended this week's rally into a third day hitting their strongest level in around two weeks as investors looked ahead to weekly data from the US on supplies in storage to weigh what the impact of recent storm activity was on supply and demand. Natural gas prices have gained around 6% so far this week after Hurricane Irma struck the US southeast with less force than once feared, easing worries over a hit to energy demand.

Trading Ideas:

* Natural gas trading range for the day is 190.9-200.7.

* Natural gas extended this week's rally as investors looked ahead to weekly data to see the impact of recent storm activity.

* Hurricane Irma struck the U.S. southeast with less force than once feared, easing worries over a hit to energy demand.

* Market participants looked ahead to weekly storage data due on Thursday, which is expected to show a build in a range between 72 and 83 bcf.

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