Palm | Kelapa Sawit

Market was trying to defend at the underline support at 1230 levels. However, immediate technical landscape remains in tiredness mode. Thus, market may consolidate in near term. Violation of the underline support at 1230 levels may see further correction in near term. While, upside resistance is looking at 1241.5-1244.5 (gap left over on 29/10/2009) followed by 1256.5-1259 (gap left over on 27/10/2009).