Tuesday, December 14, 2010

Fkli wrap....defensive role continues..same support



Fbm mostly –ve territory, except in early trading and after a preclosing +2 push. CIMB recoups some losses today but selling continues in others top 30. Firmer externals help to keep fkli above 1510 for the past 3 days as fbm drags.

Technically, sideways and danger of breaking support lvl. Mkts need to climb higher, back above 1515, to maintain an uptrend posture. Below 1510, target 1500.

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