UPDATES ON NOV 17 2008

NOV 17 MONDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 306 , S2 RS 303

R1 RS 311, R2 RS 314

Natural gas may take cues from todays inventory

data. In the near term NYMEX Dec futures can trade

in the range of $ 6.05 and $ 6.75.