FCPO Daily: Entering into consolidation phase

Market slow down its upside move following prices covered partial of the downside gap left over. Market looks may enter into consolidation phase in near term. As for now, we looking for the immediate upside resistance at 2628 followed by 2648. While, downside support is lies at 2600-2580 (gap left over since 17/2/2010)followed by 2546-2523 (gap left over since 8/2/2010).