Crude Palm oil yesterday traded with the negative node and settled -0.15% down at 520.7 on continuous profit booking by investors, driven by subdued demand in the spot market. Besides profit-taking by speculators, fall in spot demand mainly led to fall in crude palm oil prices at market. In yesterday's trading session Crude Palm oil has touched the low of 519.5 after opening at 521.3, and finally settled at
520.7. For today's session market is looking to take support at 519.1, a break below could see a test of 517.6 and where as resistance is now likely to be seen at 522.6, a move above could see prices testing 524.6.

Trading Ideas:

Crude Palm OIl trading range is 517.5667-524.5667.

Crude Palm oil ended weak on continuous profit booking

Crude Palm oil looks to have a support at 519.10.

Resistance for crude palm oil is at 522.60.

Spot prices for crude palm oil fell 3 rupees and settled at 518 rupees per 10 kg.