Tuesday, April 05, 2011

Morning start....fkli softer 53-55 fcpo softer 3360-80

All quiet yesterday-both equity and commodity. DJ +23, Europe mixed, flat. regional softer tone, -0.2%. SH n HS clsed for holiday today. Commodity, flat to softer tone. FKLI 50-60 range, likely test support 50 first. Without external +ves, unlikely to see sustain gaisn above 60. FCPO SO -0.2% , no external encouragement to test 3400, likely 3350-3400 again. Upwar-bais till 3360 support is breached.

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