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

 CPO price trend remain weak. Continue to be cautious at oversold levels.
 480 remains the nearest reliable support on the lower side.
 While 495 on the higher side persist to be an important resistance level.
 480-495 becomes the current trading range; drift in either direction will take the price further in the respective same.





S2 S1 PCP R1 R2
476 480 484.80 490 495
Call Entry T1 T2 SL
SELL <489 485 481 493