UPDATES

MAY 23 FRIDAY

SHORT TERM TREND :BULLISH :TARGET RS 512

LONG TERM TREND : BULLISH : TARGET RS 530

Prices are expected to move sideways to higher.

The US Department of Energy said that underground supplies of Natural

Gas were up 85 Billion cubic feet last week to 1.614 Trillion cubic feet.

Supplies are down 16 % from a year ago and slightly below the 5 year

average.