Weekly FCPO: Finding Support

Market rebounded after the recent sharp fall to the low of 2350. Bulls look may continue to find for support as the current posture was not good enough to change the negative technical outlook. As for now, we are looking for the upside resistance at 2648-2665 followed by 2799. To the downside, support is pegged at 2300-2295 followed by 2060-2020.