Crude Palm oil yesterday traded with the negative node and settled -0.15% down at 547 on profit booking driven by subdued demand in spot market.  In yesterday's trading session Crude Palm oil has touched the low of 545.9 after opening at 547.8, and finally settled at 547. For today's session market is looking to take support at 545.6, a break below could see a test of 544.1 and where as resistance is now likely to be seen at 548.8, a move above could see prices testing 550.5.

Trading Ideas:

Crude Palm OIl trading range is 544.4-550.8.

Crude Palm oil dropped on profit booking driven by subdued demand in spot market

Resistance for crude palm oil is at 548.80 level

Support for crude palm oil is at 545.60 level.

Crude palm oil in spot market settled at 543 rupees.