Thursday, August 27, 2009

FKLI : morning gossip....1170++

DJ +4, flat

8.20 : DJ futs -6. Regional off to a weak start. Weak commodities, weak local currency.

Fkli is again put on a defensive play and is likely to hold its ground above 7SMA, near 1168. Below 1174 is intra-day sell.

Fbm may gain on Zeti's strong 4Q outlook.

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