Friday, April 29, 2011

Fkli wrap..keeping upward-bias tone for next week





Sideways again. Steady above 30 is good enough for bulls as mkt is not expected to make strong run up ahead of long weekend. Both fbm.fkli end the week with 40–toppish outlook, ranging within 20-40 for most part of the week. Moving to 40-60 range next week ? If breakout above 40, yes. Above 30 is upward bias.

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