Verdict- Neutral.
DCE Sep24 corrected slightly during the trading day. Lack of new buyers in market led to loss on position on sustainability of the trend finally as we expected last week. Hourly MACD widened in bearish territory. Hourly KD created gold cross in oversold area. The short-run signals were indicating a potential to test low, however yet to see any directional change in mid-run.
First support 847.0. First resistance 882.5 .
