Friday, May 08, 2009

FKLI :morning gossip

DJ -100/-1%. NK +10 Kos +6

DJ futs +37p

FKLI is expected to trade soft today and is likley to stay within 1020-1030 in initial trading. 7SMA will serve as strong support if 1020 breaks.

Below 1032 is trading sell maket today.

The bank stress result may trigger profit take but unlikely to change recent bullish tone

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