Commodity	:	Palm Oil
Exchange	:	MCX
Perspective	:	Very Short Term

 CPO price trend remain weak, bounce back likely.
 490 remains the nearest reliable support on the lower side.
 While 500 on the higher side persist to be an important resistance level.
 490-500 becomes the current trading range; drift in either direction will take the price further in the respective same.






S2 S1 PCP R1 R2
486 490 494.90 500 504
Call Entry T1 T2 SL
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