Verdict- Neutral.

DCE May24 contract during last night however recovered most of loss during day session. Iron maintain neutral verdict. Hourly MACD narrowed in bullish territory. Hourly slow stochastic KD created lower dead crosses during past ten trading hours. Hourly CCI was in neutral area. Be aware of an exhaustion in high area. However there is yet any reversal signals in short-run market.

First support 818.5. First resistance 856.0.