Crude oil: Crude oil prices finally rallied upwards yesterday taking support at the 3130 levels meeting our target of 3250. Prices may now resist the 3250 levels on upside. However one can buy crude at dips above 3180, target 3300 in near term as all the indicators RSI and ADX are in favour of the uptrend.

Natural Gas: The counter is positive with rising RSI and positive cross-over in the MACD. While prices are resisting at the upper levels. Thus prices can move up with Support at 180 levels. Breaching 179 levels can push prices lower to 171-72 levels.