On Wednesday, Wilmar re-test the critical support at $5.76 and closed at $5.71 with LOW volume of 5.11 million shares traded.

A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar.

Both RSI & MACD are bullish though RSI in overbought region.

Important Resistance of Wilmar: $5.76

Immediate Support of Wilmar: $5.59

Currently prices are well above 20/50/100/200 days MA.

For the past 3 trading sessions, prices have re-test the critical resistance at $5.76 but failed to break though this level.

The resistance at $5.76 is expected to be strong.

Since the Wilmar already in overbought region, thus we would advise not to buy the stock now. Moreover bulls are having issues in breaking the resistance at $5.76.

Stock Chart: Wilmar! is contributed by : ...