Crude oil
Support at 2630 and Resistance at 2685
Close below 2630 will take to 2580---2550 and then to 2470
mark in days to come else it could test its resistance level of 2685 again
Close above 2685 will take to 2725---2760 and then to 2800
mark
Trade with levels only
Natural Gas
Support at 175 and Resistance at 178
Two consecutive closes below 175 will take to 171---167 and
then to 163 mark in days to come
Fresh buying can initiate only close above 178 mark
Above 178... it could test 182---185 again. Traders can
trade in a range with strict stop loss and wait for confirmation.
More will update soon!!
