Crude oil: The Crude prices traded very strong yesterday with a gap open, and closed near the top. Thus the sentiments behind crude looks very strong. The RSI is rising with rising +DI in the ADX, however the ADX is still below 17 levels. Thus the long term trend is not very clear therefore one should book profits regular intervals and remain long above 3330 levels in near term targeting 3500..

Natural Gas: The Natural Gas prices have rallied up sharply yesterday after breaching the 180 levels on upside and moved out of the triangle. The RSI is seen picking up while +DI and –DI are also seen giving a positive crossover on the upside. Thus Natural gas counter looks bullish above the 180 levels targeting 201-203 in near term.