Tuesday, September 08, 2009

FKLI : morning gossip.....1190-1200

8.30 am : DJ futs -9. Regional up, 0.5% to 1%.

Good chance for the mkt to test the magical 1200 in AM. A breakout in PM! my wish! Very bullish on intra-day basis if mkt stays above 1190. 1180-1190 still positive -buy on dips sentiment. Further permium is expected if fbm takes out 1196++ mark.

Immediate is buy signal. Sell signal is seen limited to intra-day play.

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