Wednesday, February 09, 2011

Fcpo wrap....small gains but huge bullish signal...

-a bullish breakout move above 3900, targeting 3900-4000. Big gains away from 3900 would not be an easy task as profit take sell above 3950 seen this week Staying above 3900 is good enough for technical bull.


-above 3900 is bull mkt. Mkt is likely to stay +ve if not bullish. Immediate support is raised to 3850 from 3800

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