Energy Market Data and Market Trading Tips from Technical Analysts

natural gasCrude oil : Crude prices are trending upwards. The RSI is seen rising simultaneously. The ADX and +DI are also affirming the uptrend. Thus one can buy crude at dips targeting 2450-70 on the upside.

Natural Gas: The Counter seems consolidating near the bottom. The ADX is not giving any clues on the direction. Yet, one can buy Natural Gas at dips around 172-74, with stop-loss of 168. As the prices are expected to take support at the bottom and give a positive break-out.