Friday, April 09, 2010

Morning start ..fkli firm 30-35, fcpo 2500++

DJ +30 as upbeat sales reports from the nation's retailers helped provide optimism about the economic outlook, taking the edge off worries about Greece. Europe-1%

8.45 : DJ futs +3. Regional mixed, flat. Commodity firm, CO and GOLD +0.4%

fkli : firm range 30-40 range, below 30, target 20.

fcpo : SO -0.1%. Fcpo seen stay -ve for the day as tech weakness weigh, bearish if 2500 breaks, targeting 2400 in the coming days. If hold 2500-2530 range today.

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