Verdict- Neutral.
DCE May24 contract retreated from a slight high open by closing time. Hourly MACD corrected after a volume boost. Hourly CCI retreated to neutral area from bullish territory. The current area from 818.5 – 837.0 became a rangebox. A breakthrough on the boundary of the box would indicate a new trend in short-run.
First support 818.5. First resistance 837.0.
