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CPO Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
CPO (EXP 31 Dec 2018) CMP-503 currently close up side in intraday. It is likely to test resistance 508.60 / 514.25 / 523.80. If it breaks below 499.05 with volume then it may test lowerside supports, such as 493.40 / 483.85 / 478.20.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 523.80
R3 514.25
R2 508.60
R1 503.85
PP 499.05
S1 496.20
S2 493.40
S3 483.85
S4 478.20
Last Day High 504.7
Last Day Low 489.5
Last Day Close 503
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)