Monday, March 21, 2011

Morning start...fkli firm 1502-05 fcpo firm 3450-60

DJ +80 Fri, Europe +0.5%.

8.20 : DJ futs +40. NK holiday. Regional +0.5%. Commodity firmer, +0.5%

FKLI
-upside, 1500-1510 and strong resistance seen at 1505 today on closing basis. Above 1490 is weekly bullish, tageting 1520-30

FCPO
SO +0.6%. fcpo seen upward bias, 3400-3500. Above 3440 is bullish, targeting 3600 weekly.

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