Crude Palm oil yesterday traded with the positive node and settled 0.94% up at 482 on pick-up in spot market demand. In yesterday's trading session Crude Palm oil has touched the low of 476.6 after opening at 476.6, and finally settled at 482. For today's session market is looking to take support at 477.8, a break below could see a test of 473.6 and where as resistance is now likely to be seen at 485, a move above could see prices testing 488.

Trading Ideas:

Crude Palm Oil trading range is 473.6-488.

Crude Palm oil yesterday traded with the positive node on pick-up in spot market demand

Crude palm oil looks to test support at 477.80 level

Resistance for the crude palm oil is seen at 485 level

Crude palm oil prices in spot market gained by 4.70 rupees and settled at 481.50 rupees.