Natural gas seen falling further

AHMEDABAD (Commodity Online): Natural gas MCX Apr contract opened downside flat this morning at 197.2 vs. previous close of 197.4 made an intraday high at 198.5 and last traded at 194.1 down by 3.3 rupees. The said contract has made an intraday low at 193.7.
As per EIA report released on Thursday, Natural gas inventory levels reached to1624 billion cubic feet (bcf) for the week ended on 25th March, 2011 increased by 12 bcf which look negative for Natural gas future prices. Positional traders are advised to sell on rise.
Natural gas future prices are likely to fall because of ample supply and could test 183-177 levels within next few trading days.
Technically, range for Natural gas is from 175-205. Natural gas April contract has made an intra week high at 205.8. 14 days RSI for MCX Natural gas Apr contract is at 51 levels and it shows that natural gas prices are falling steadily.
Positional traders can sell MCX Natural Gas Apr contract near 205 with a stop loss of 212 and can wait for targets of 195-187.

(Source: http://www.commodityonline.com/marketmovers/Natural-gas-seen-falling-further-2011-04-01-3343-3-1.html)