FCPO Daily: Facing some resistance at 2700 levels.

Market looks has facing some resistance at 2700 levels following 2nd attempts trying to break through it but failed to stay firm. However, immediate technical landscape remains in positive posture. Thus, we maintain sideways to higher in near term with upside resistance pegged at 2730-2760 followed by 2800 levels. To the downside, support is lies at 2600-2580 levels.