Crude oil: The counter has breached the trendline and trading sideways to down and not ready to close above 3320 levels. The prices are likely to be sideways to down negative RSI and MA with +DI and –DI crossed over indicate the short term weakness in the counter. We are expecting the counter to test 3270-3250 in the short run, 3250 is a very good support if the counter closes below 3250 with huge volume we may see further downside till 3180 and 3120. Fresh buying can only be done above 3400 levels.