Monday, March 29, 2010

Starting grid...fkli firm15-18 fcpo firm 2530-50

DJ +9. Europe off 0.5%. DJ is seen range bound and stay +ve technically ( < 10700) ahead of Mar's jobs report on Good Fri.

8.20 : DJ futs +5. Regional taking cue from Europe, dw 05% in early trading.Commodity mixed. CO -0.5%. GOLD +1%.

fkli : due the premium and softer regional fkli is seen retreating towards the lower half of 15-20 range first b4 fbm opens. Strong support is seen at 10 today but upside target remains intact.

fcpo : SO up +0.5%. fcpo is seen range bound on firm tone, wihtin 30-70 but unlikely to clear resistance lvl, 7SMA. Below 30 is a strong sell signal.

No comments:

Post a Comment