Preclosing‘s RM15 jump amid +ve tone in late PM.
While mostly –ve tone today, fcpo seen stabilizing going forward after a strong PM session that saw bargains activity. A relief for bulls after 2-day of pullback and now bulls can hope for a reversal but too early to call for 2nd round rally yet…as still under 2500.
A lot of push and pull along 7SMA expected for the remaining July mth. Tech support resistance remains about the same., thanks to a strong recovery form early losses.
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