Crude Palm oil yesterday traded with the negative node and settled -0.6% down at 565 tracking weakness in spot market. In yesterday's trading session Crude Palm oil has touched the low of 561.2 after opening at 571.2, and finally settled at 565. For today's session market is looking to take support at 560.2, a break below could see a test of 555.5 and where as resistance is now likely to be seen at 570.7, a move above could see prices testing 576.5.

Trading Ideas:

Crude Palm OIl trading range is 555.4-576.4.

Crude Palm oil yesterday ended weak tracking weakness in spot market.

Resistance for crude palm oil is at 570.70 level

Support for crude palm oil is at 560.20 level.

CPO HOLDING IMP SUPPORT AT 560 WILL WAIT FOR FRESH ENTRY

Crude palm oil in spot market dropped 2.70 rupees and settled at 557 rupees.