Friday, October 16, 2009

FKLI : morning gossip..1245-1250

DJ only +47, financials sectors continues to boost plus energy sector.

8.20 : DJ futs +10, NK +38, Kos-2. Commodities very strong on fundamentals. Crude oil marching towards US80, at year high. Dollar mixed.

Intra-day positive when mkt opens higher than yesterday's closing. 1240 support looks safe. Will likely to make attempts at 1250 again.

Unless fbm can regain 1252, fkli run up, if any, is not sustainable today ahead of weekend.

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