Verdict- Neutral.

DCE Jan24 contract created five-month high in early morning however corrected half of gains in the rest of day. The resistance of 836.5, listed high, was effective in short-run. Hourly MACD widened in bullish area. Hourly CCI corrected from bullish area to neutral area. Hourly slow stochastic KD created dead cross in overbought area.

 

First support 804.5. First resistance 836.5.