Crude oil: The counter have recovered from the support levels of 3320 and closed above the 7 DMA of 3444. The counter is strong above 3400 levels. Thus one can enter at dips at every level above 3400 targeting 3550 in near term.

Natural Gas: The counter is weak below the 158 levels. The indicators continue to indicate downtrend in the counter with dropping RSI and rising –DI. Prices are expected to move positive on breaching 158 on the upside.