The commodity Natural gas price for futures are declining steadily from last few days and likely to fall further because of ample supply and could test 183-177 levels within next few trading days. The positional traders are advised to sell on rise.
The commodity range for Natural gas is from 175-205. 14 days RSI for MCX Natural gas Apr contract is at 47 levels and it shows that natural gas prices are falling steadily and may fall further.
For commodity positional traders:
Sell MCX Natural Gas Apr near 195, SL of 203, TT is 185-180.