Wednesday, March 30, 2011

Morning start...fkli firm 1520-25 fcpo firm 3250-60

DJ +80, Europe +0.5%, consolidation in telecommucation sector and ahead of job data 8.20 DJ futs -7. Regional +0.5%. Commodity mixed, near flat, quiet towards mth-end. FKLI -upside tone, eyeing 25-30 range. Fbm seen 20 support, with strong chance to revisit Mar's high near 30. Fkli upbeat 20-30 range if fbm above 20. Support is raised from 10 to 15 today. FCPO SO +0.3% likely same trading range as Tues. Another 3250-3300 neutral range? Above 3280 is sign for rebound mode. Till then , breakdw fear, 3200-3250 looms today.

No comments:

Post a Comment