MCX Crude Oil remains range-bound; Natural Gas can bounce back to Rs 255

The MCX Crude Oil futures continue to remain range-bound, with near resistance seen in the range of Rs 6,381 - Rs 6,420 range. On sustained trade above the same, Crude Oil futures can rally towards the higher-end of the anticipated trading range. 

Meanwhile, Natural Gas futures are looking to bounce back from oversold territory. The commodity needs to sustain above Rs 209, for a potentially rally towards Rs 255 in the near term.

Crude Oil