Thursday, April 14, 2011

Fcpo wrap....last min breakdw under 3300..bearish

Bears keeping the pressure on, targeting a weekly closing under 3300. Mkt dips under 3300 in the last 5-mins of trading after hovering near 3310-30 mostly. Profit take buying is likely to keep fcpo floats above 3250 this week. Below 3300 is fresh bearish tone targeting 3100-3300

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