Monday, October 19, 2009

FKLI : morning gossip....1255-1260

8.30 am: DJ futs -40. Regional dw 1%. Commodities and dollar mixed.

Fkli is seen defending 50s today but not really an acitd test yet as last week's bullish closing may give mkt a strong cushion. However, 60s looks unlikely at elqst in early trading unless fbm is seen testing 60s.

Below 1260, intra-day sell.

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