<ul data-eligibleForWebStory="false"><li>The recent bounce in natural gas prices is considered a corrective bounce within the downtrend, likely to be short-lived.</li><li>There are resistances between ₹296 and ₹315, suggesting a possible reversal lower in this range, keeping the downtrend intact.</li><li>A break below ₹270 could lead to further downside pressure, potentially pushing prices to ₹260-255 in the coming weeks.</li><li>Traders are advised to wait for clarity on the potential upside and consider fresh short positions only on a break below ₹270 with various stop-loss levels.</li></ul>

Natural Gas: Corrective bounce possible. Wait to take fresh short positions

Discover more