AIRLINK 211.55 Increased By ▲ 2.00 (0.95%)
BOP 10.54 Increased By ▲ 0.08 (0.76%)
CNERGY 7.35 No Change ▼ 0.00 (0%)
FCCL 34.90 Increased By ▲ 0.51 (1.48%)
FFL 18.14 Increased By ▲ 0.09 (0.5%)
FLYNG 23.47 Increased By ▲ 0.55 (2.4%)
HUBC 132.29 Decreased By ▼ -0.20 (-0.15%)
HUMNL 14.24 Increased By ▲ 0.10 (0.71%)
KEL 5.12 Increased By ▲ 0.09 (1.79%)
KOSM 7.18 Increased By ▲ 0.11 (1.56%)
MLCF 45.74 Increased By ▲ 0.54 (1.19%)
OGDC 221.50 Increased By ▲ 3.12 (1.43%)
PACE 7.77 Increased By ▲ 0.19 (2.51%)
PAEL 42.54 Increased By ▲ 0.84 (2.01%)
PIAHCLA 17.60 Increased By ▲ 0.30 (1.73%)
PIBTL 8.61 Increased By ▲ 0.06 (0.7%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 192.00 Increased By ▲ 2.97 (1.57%)
PRL 42.25 Decreased By ▼ -0.08 (-0.19%)
PTC 25.52 Increased By ▲ 0.35 (1.39%)
SEARL 104.85 Increased By ▲ 0.89 (0.86%)
SILK 1.04 Increased By ▲ 0.01 (0.97%)
SSGC 39.94 Increased By ▲ 0.70 (1.78%)
SYM 19.52 Increased By ▲ 0.36 (1.88%)
TELE 9.40 Increased By ▲ 0.16 (1.73%)
TPLP 13.19 Increased By ▲ 0.09 (0.69%)
TRG 68.10 Decreased By ▼ -1.08 (-1.56%)
WAVESAPP 10.84 Increased By ▲ 0.12 (1.12%)
WTL 1.71 No Change ▼ 0.00 (0%)
YOUW 4.20 Increased By ▲ 0.06 (1.45%)
BR100 12,214 Increased By 134.4 (1.11%)
BR30 36,993 Increased By 390.1 (1.07%)
KSE100 117,475 Increased By 1421.9 (1.23%)
KSE30 37,051 Increased By 473.4 (1.29%)

SINGAPORE: Palm oil may retest a support at 3,427 ringgit per tonne, as it has pierced below the Sept. 8 low of 3,481 ringgit.

The downtrend from 4,350 ringgit has resumed, riding on a wave 5.

Based on the magnitude of the wave 4, this wave 5 may travel to 3,050 ringgit.

Palm oil may drop toward 2,723 ringgit in Q4

Resistance is at 3,549 ringgit, a break above may lead to a gain into 3,608-3,666 ringgit range.

Comments

Comments are closed.