Wednesday, January 06, 2010

FKLI : tested 1300 but cautiously toppish

-regional mostly higher around +1% on banks, except China -1%
- despite profit take fkli ahead of fbm, as fbm remains robust and steady. However, with 1300 as high, fkli may take a breather first if no external +ve.
-technically, above 92 is bullish but fresh buy signal only emerge if 1300 breaks. otherwise a strong possibility of a pullback towards 86++ first.

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