NG has formed ABCD pattern on daily chart long back and see...it has fallen since then for TGT 245.40....But it is respecting a trend line and support of that line is 254 which NG has respected.....
NG as told on 26 May 2014 post....NG is poised to fall till 247.7--245.40 levels.Point (D in chart)...( It may reverse from zone falling between 245.45 - 254.50 ( which it has shown signs on Friday 23 May 2014......
Below 286 NG is negative. but Watchout for breakout above 286....(Point C in chart) above this on daily closing basis it can go till 360 levels (Point B)
Our view is to buy now and on every dips for TGT 286, 317 and above