FCPO Daily: Healthy correction is in place

A healthy correction was taking place after the recent bull run as market covered the full downside gap left over at 2679-2618. Overall technical landscape remained in bullish tone despite the negative closing. Thus, we are now looking for the upside resistance at 2798-2800.To the downside, support is pegged at 2600-2580 followed by 2500-2490.