Thursday, July 30, 2009

FKLI : morning gossip.....1160-1164

DJ -25, lower but another bounce back from 9000 points.

8.30 am DJ futs +4 Regional quiet. NK +4 Kos-7.

FKLI is seen steady above 1160 first until fbm opens. Its good enough if the mkt can stay above 7SMA and then range bound within 1160-1170. Surprise to the upside will depend on HS and CHina perfomance.

Below 1170 is a sell mkt. Q is will there be a fresh sell call below 7SMA.

No comments:

Post a Comment