Equity Trading Tips: Natural Gas Trading Range For The Day Is 192.1-196.7

Natural Gas on MCX settled up 0.15% at 194.50 while prices traded in the range and sentiments remain weak after a strong three-session rally as traders reacted to forecasts showing a return to colder weather after a warm spell in the eastern US. A mild weather system will track across the East today with showers and thunderstorms, while a second cooler system is quick on in its heels and currently tracking into the Midwest, then into the eastern US Wed-Thu.

Trading Ideas:

* Natural gas trading range for the day is 192.1-196.7.

* Natural gas settled flat as traders reacted to forecasts showing a return to colder weather after a warm spell in the eastern U.S.

* Cooler temperatures will return during the second half of this week across the east-central U.S. through the weekend after trending warmer last week.

* Looking further ahead, weather systems with cooler than normal temperatures will linger across the northern and eastern U.S. through the first week of November.

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