MCX CPO (Crude Palm Oil) Trend - Support and Resistance Levels


Overall MCX CPO (Crude Palm Oil) Trend for today, tomorrow, current & next week and month

Last Update: 23/04/24

Trend

Signal

Intraday

Up Trend

Short Term

Up Trend

Long Term

Up Trend

Below crude palm oil (cpo) trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are significant market turnaround reversal or breakout levels to look out for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit-entry or entry-exit. These forecasts are valid from intraday to short term to long term.

MCX CPO (Crude Palm Oil) Trend Today


MCX crude palm oil (cpo) is currently in Up Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

MCX CPO Trend

Intraday CPO (Crude Palm Oil) Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

1245.00

1245.00

1245.00

1245.00

1245.00

Sell below

1245.00

1245.00

1245.00

1245.00

1245.00

We also expect the commodity crude palm oil (cpo) futures to react on the below support and resistance levels for today.

Intraday Crude Palm Oil Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

1245.00

1245.00

1245.00

Intraday Crude Palm Oil Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

1245.00

1245.00

1245.00

Earnometer Crude Palm Oil


Below earnometer crude palm oil power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Crude Palm Oil Levels

Price

Three Days Before High

1180.00

Two Days Before High

1200.00

Yesterdays High

1245.00

Pivot

1245.00

Yesterdays Low

1245.00

Two Days Before Low

1170.00

Three Days Before High

1180.00

Earnometer Crude Palm Oil Update:

Earnometer Crude Palm Oil

Important Crude Palm Oil Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

1194.40

4MH

Four Month before High

1157.30

3MH

Three Month before High

1129.30

2MH

Two Month before High

1180.00

LMH

One Month before High

1245.00

CMH

Current Month High

1414.40

4WH

Four Week before High

1175.00

3WH

Three Week before High

1180.00

2WH

Two Week before High

1200.00

1WH

One Week before High

1245.00

CWH

Current Week High

1414.40

PDH

Yesterdays High

1245.00


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

1091.00

4ML

Four Month before Low

1082.10

3ML

Three Month before Low

1044.00

2ML

Two Month before Low

1080.00

1ML

One Month before Low

1170.00

CML

Current Month Low

1414.40

4WL

Four Week before Low

1111.00

3WL

Three Week before Low

1165.00

2WL

Two Week before Low

1170.00

1WL

One Week before Low

1245.00

CWL

Current Week Low

1414.40

PDL

Yesterdays Low

1245.00

Short Term Crude Palm Oil Trend


According to quant's technical analysis mcx crude palm oil (cpo) is currently in Up Trend for short term. The below analysis & forecasts is valid for tomorrow & current week.

Short Term Crude Palm Oil Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

1245.00

1245.00

1245.00

1245.00

1245.00

Sell below

1245.00

1245.00

1245.00

1245.00

1245.00

We also anticipate the commodity crude palm oil (cpo) futures to respond on the below support and resistance levels for this week.

Short Term Crude Palm Oil Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

1245.00

1245.00

1245.00

Short Term Crude Palm Oil Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

1245.00

1245.00

1245.00

Long Term CPO Price Trend


Long Term Trend - Crude palm oil (cpo) is currently in Up Trend for long term. The above forecast is valid for the current month.

CPO Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

1234.32

1205.68

1248.65

1266.35

1295.00

Sell below

1205.68

1234.32

1191.35

1168.93

1145.00

In addition, we expect the commodity crude palm oil (cpo) futures to respond on the following resistance and support levels for this particular month.

Long Term Crude palm oil (cpo) Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

1270.00

1295.00

1345.00

Long Term Crude palm oil (cpo) Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

1195.00

1145.00

1120.00

CPO Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



1329.70

1245.00

Resistance 3 (R3)

1245.00

1245.00

1329.70

1245.00

Resistance 2 (R2)

1245.00

1245.00

1287.35

1245.00

Resistance 1 (R1)

1245.00

1245.00

1329.70

1245.00

Pivot Point

1245.00

1245.00

1287.35

1245.00

Support 1 (S1)

1245.00

1245.00

1329.70

1245.00

Support 2 (S2)

1245.00

1245.00

1287.35

1245.00

Support 3 (S3)

1245.00

1245.00

1329.70

1245.00

Support 4 (S4)



1329.70

1245.00

CPO Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



1329.70

1245.00

Weekly R3

1245.00

1245.00

1329.70

1245.00

Weekly R2

1245.00

1245.00

1287.35

1245.00

Weekly R1

1245.00

1245.00

1329.70

1245.00

Weekly Pivot Point

1245.00

1245.00

1287.35

1245.00

Weekly S1

1245.00

1245.00

1329.70

1245.00

Weekly S2

1245.00

1245.00

1287.35

1245.00

Weekly S3

1245.00

1245.00

1329.70

1245.00

Weekly S4



1329.70

1245.00

CPO Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



1517.20

1286.25

Monthly R3

1345.00

1295.00

1442.20

1265.63

Monthly R2

1295.00

1266.35

1343.60

1258.75

Monthly R1

1270.00

1248.65

1367.20

1251.88

Monthly Pivot Point

1220.00

1220.00

1268.60

1220.00

Monthly S1

1195.00

1191.35

1292.20

1238.13

Monthly S2

1145.00

1173.65

1193.60

1231.25

Monthly S3

1120.00

1145.00

1217.20

1224.38

Monthly S4



1142.20

1203.75

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi-commodity exchange of India. Technical trend analysis of CPO (Crude Palm Oil) is done every day and updated between 9.15 to 9.30 am on daily basis.