FCPO Daily: 2350 violated !!

The overall technical outlook turns brighter following the violation of the tough resistance at 2350. Thus, market may move sideways to bias upside potential in near term. Currently, we are looking for the immediate resistance at 2380-2400 followed by 2420. To the downside, immediate support is pegged at 2300-2280-2220 followed by 2260-2250.