Thursday, March 10, 2011

Morning start...fkli soft 1518-20 fcpo weak 3530+

All small moves, marginally lower after this week strong run after a lack of cue from CO mkt.

8.30

Dj futs +8. Regional -0.5%. Commodity mixed. CO -0.5% GOLD +0.5%.

FKLI
15-25 trading range with dwward bias if fbm < 20 and it could put an end to 40 target this week if mkts finish under 1520 today. If so, back to sideways range of 1500-1520

FCPO
SO -2% , targeting 3500+ today. likely 3500-3550 range with kneejerk breakdw under 3500 towards 3450.

No comments:

Post a Comment