Wednesday, March 02, 2011

Morning start..fkli weak 1495+ fcpo strong 3590-00

DJ -170, Europe -1% as CO spikes above 100 mark for the first time since 2008.

8.30 :
DJ futs +2. Regional reacts negatively too to CO spike. NK -1.5% .GOLD +1.5%

FKLI
bad news for bulls as externals will hamper yesterday's follow through buying activities. Profit take sell seen but no breach of major support either today. Seen at +ve range of 1490-1500 if fbm> 1490.

FCPO
SO +1.5% , fcpo seen taking 3550-3650 +ve range. Bullish if > 3520 today.
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3 comments:

  1. AnonymousWednesday, March 02, 2011

    Hi Kan HS,have you made an entry yet.

    ReplyDelete
  2. KHSWednesday, March 02, 2011

    not yet but likely long near end if > 3561

    ReplyDelete
  3. AnonymousWednesday, March 02, 2011

    HI Kan, enter already?

    ReplyDelete

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