Bollinger band reading : side way upside biased.
MACD Histrogram : weakening, not much action from both buyer and seller.
Support : 2470, 2450, 2400 level.
Resistant : 2500, 2521, 2550 level.
Comment :
Quiet volume tight range market FCPO traded 1 point higher without much action for the entire morning session. Hourly chart reading suggesting a side way range bound upside biased market that is near resistant level.
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