Monday, March 28, 2011

Morning start...fkli firm 1515-20 fcpo firm 3280-90

DJ/Europe on firmer closing Friday, +0.5% on prospect of +ve Mar's job data due 1 April -8.30 DJ futs +8. Regional mixed. NK -0.5%, on nuclear crisis concerns following radiation spike in Reactor 2. Commodity firmer tone but seen quiet as 1Q is coming to a close. -FKLI -same upper range , 15-20, likely but cautious tone. Above 15 is bullish but 20 seen toppish, till external improves -FCPO SO+ 1%. Another ancouragement for bulls to re-test 3300 resistance again. Maybe intra-day buy start , >3260, but still a sell position case if it stuck under 7SMA around 3330

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