Verdict- Neutral.
DCE Jan24 contract consolidated during the day without seeing a direction as expected from previous report. The high of the period witnessed 936.0 -938.0 area, which became a strong resistance. Hourly MACD widened in bearish territory. Hourly slow stochastic KD accelerated the correction in neutral area. Hourly CCI fell from bullish territory to neutral area.
First support 917.5. First resistance 938.0.
