Verdict- Neutral to Bearish.
DCE Jan24 contract traded in a narrow range during the day. The intraday high reached 932.5, which was below 936.0 -938.0 area as a strong resistance mentioned from last report. Hourly MACD widened in bearish territory. Hourly slow stochastic KD accelerated the correction in neutral area. Hourly CCI fell from neutral area to bearish area.
First support 917.5. First resistance 938.0
