Bollinger band reading : bullish.
MACD Histrogram : getting lower slowly.
Support : 2605, 2590, 2570 level.
Resistant : 2620, 2650 level.
Comment :
FCPO traded slightly lower in tandem with a weaker soy oil futures price with not much participation volume today by both buyer and seller. Hourly chart reading remained bullish biased. Expect market to trade side way range bound upside biased with some testing of support and resistant.
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