Monday, July 26, 2010

Fkli wrap....50-70 play remains intact...





Fbm.fkli maintain +ve stance but seesawed without much power. Both secured fresh year-high and tech breakout, even though fkli suffered from Fri’s premium symdrome, triggering some profit take sell.

Regional +ve but off high while DJ .Europe also dip into –ve territory in late Asian hours.

While uptrend remains intact, trading is seen cautious for the remaining days in July after a 3% gain already.




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