Palm | Kelapa Sawit

Overall technical landscape remains strong and looks market may likely to challenge 1200-1220 in near term. To the downside, support is pegged at 1160-1150.

Upward momentum strengthen further despite bull shy away from the fresh year high. We maintain the resistance and support at 1190-1200 and 1170-1160 level respectively.

Market remains firmly bullish and may challenge upside at 1190-1200 in near term. Downside support is stood at 1160.

Bulls look will continue to march higher with upside target is set at 1190-1200. For downside, support is stood at 1150-1140.

Bears attack did not have much impact to the current bullish outlook. Thus, we still stick to our bullish view in near term. Upside resistance maintain at 1190-1200 level. For downside, support is stood at 1150-1140.

Market resumed rally with double digit up. More strength has been developed to challenge 1190-1200 level in the current bullish atmosphere. For downside, support is stood at 1160-1150.

Market is entering to a consolidation phase after the recent sharp rebound. Resistance and support are stood at 1165-1160 and 1145-1140 level respectively.

Market tested the resistance at 1160 and likely to continue rally in near term as overall technical landscape remains bullish. Immediate upside resistance is looking at 1165 followed by 1190-1200. Downside support is pegged at 1100-1095.

Chart wise remains bullish and no sign of weakening. Thus, market may extend its upside gain in near term. Immediate resistance is now looking at 1160-1165 followed by 1180-1190. While, immediate downside support is pegged at 1140-1130.

Overall technical landscape remains in bullish picture despite a negative close. To the upside, immediate resistance is now at 1144 followed by 1150-1165. While, immediate downside support is pegged at 1120 followed by 1100.

Bull run looks likely to extend in near term as overall technical landscape maintain in bullish posture. To the upside, resistance is now at 1150-1165 followed by 1180-1190. While, downside support is pegged at 1100-1095.

Market continue to march higher and overall technical landscape remains in bullish view. To the upside, resistance is at 1130-1140 followed by 1160-1165. While, downside support is pegged at 1095-1085 followed by 1065-1060.

Market looks may want to challenge 1130-1140 level in near term. To the downside, support is pegged at 1095.

Bull extended its wining streak to mark another fresh high for the year. Market looks likely to continue bull run journey in near term. As for now, we are looking for the upside resistance at 1120-1130. To the downside, support is pegged at 1080.

Market is no longer stuck in sideways move after yesterday breakout with a long white candle. Market looks may want to cover the left over upside gap since 16/6/2009 at 1083-1086 followed by 1096. To the downside, support is stood at 1058.

Market is moving in sideways manner searching for direction. Thus, support and resistance is at 1055-1050 and 1072-1083 level respectively.

Market looks likely to continue to cover the left over gap since 25/6/2009 at 1061-1059. Next support will be looking at 1050. To the upside, resistance is at 1070.

Market losing ground further to cover partial of the left over gap since 25/6/2009 at 1064-1059. Market momentum getting weaker and may continue to move lower to cover the full downside gap. To the upside, resistance is at 1080.

Market looks had slowing down a little its upside move and may enter into a correction zone in near term. Currently, We are looking for the immediate upside resistance at 1083-1095. To the downside, support is pegged at 1050-1030.

Market was facing tough resistance at 1083. Thus may due for a correction in near term. As for now, immediate support is looking at 1070 followed by 1064-1059 (gap left over on 25/6/2009). While, upside resistance remains at 1083-1086 (gap left over since 16/6/2009).