Tuesday, January 05, 2010

FKLI : bullish tone, target 1300



-Foreign funds are believed adding Asian stocks today

-convincing technical breakout, raising trading lvl to 1270-1350 in Jan10

-1300 resistance this week ? but it seems selling only for short term, bear in mind that a fresh trend in our mkt tends to gain 50 to 70. If 1270 is tyhe starting point....anything above 1300-1350 is not too far.

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