Wednesday, August 18, 2010

Fkli wrap....30 mins to reverse the day -ve tone....




Fkli struggles with 1380 mark all day, in mostly –ve tone before a late crawl back – last 30 mins or so. Buying emerges and pushes fkli back to its intra-day high lvls set in AM opening. All these while Europe/DJ futs are churning out –ve signals, -1% and -13 respectively. Probably, strong faith on fbmklci-1400 reach

Fbmklci steady throughout the day, succeeding in protecting 1380, followed by a 2 index point jump in preclosing stage. 4-day winning streak, totaling +36p

Weak day but strong closing….plenty of imagination.!...thought of pullback for the rest of the week evaporated with this kind of closing. Back to 1400 first if fbm > 1382.



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