<font face=verdana size=2><b><br><table width=100% align=center><tr><td width=30% align=left>Commodity</td><td width=5% align=center>:</td><td>Palm Oil</td></tr><tr><td width=30% align=left>Exchange</td><td width=5% align=center>:</td><td>MCX</td></tr><tr><td width=30% align=left>Perspective</td><td width=5% align=center>:</td><td>Very Short Term</td></tr></table></b></font><br><br>&#61692;	CPO price trend remain weak, bounce back likely.<BR>&#61692;	490 remains the nearest reliable support on the lower side. <BR>&#61692;	While 500 on the higher side persist to be an important resistance level.<BR>&#61692;	490-500 becomes the current trading range; drift in either direction will take the price further in the respective same.<BR><BR><1><BR><BR>S2	S1	PCP	R1	R2<BR>486	490	494.90	500	504<BR>Call	Entry	T1	T2	SL<BR>  WAIT	-	-	-	-<BR><BR>