Friday, June 18, 2010

Morning start...fkli firm 1310-1313 fcpo firm 2396-2400

DJ +20, Europe +0.3%.

8.25 : DJ futs -4. Regional mixed, +0.1%. Commodity mixed. CO -1.5% and GOLD +1% both on concerns over the economy.

fkli : seen taking +ve tone at 1310-1313 till fbm opens. More upside if fbm steady above 1306. Below 1306, could erase some of yesterday fkli's premium. Aboev 1310 is a buy mkt. If breaches, back to Thu's familiar range of 1305-1310.

fcpo SO +0.2% will provide another incentive to break 2400. If breaks, 2400-2424 band. Above 2396 is intra-day buy mkt.

No comments:

Post a Comment