FCPO Weekly: Downside move has been slowing down a little

2000 level was well defended and downside move has been slowing down a little. Nevertheless, the overall immediate technical landscape remains weak. Thus, we maintain bearish view towards the near term market. As for now, immediate downside support is looking at 2063-2000 followed by 1980-1960. To the upside, resistance is pegged at 2250-2300 followed by 2330-2350.