Crude oil: Crude prices traded range bound yesterday just below the open forming DOJI candle. However prices took support at the 40 DMA on the downside. The RSI and ADX continue to indicate positive for the counter. Thus one can buy crude at every dip above 3220 levels targeting 3425-50 in near term.

Natural Gas: The counter continues to take support at 180 levels. The Rising MACD indicates the uptrend is waiting in the counter. Thus moving above 186, the prices can inch up till 192. However breaching 180 levels on downside can trigger downside till 168 levels. Therefore fresh buying is suggested above 16 levels.