Firmer underline support at 1119-1120 had attracted more buying support and saw prices penetrated the recent high at 1148.5 on 24 Jul. Market may want to challenge the next resistance at 1158.5-1159 followed by 1175.5-1186 (gap left over over 1 Jul-30 Jun, 2008). For downside, support is at 1136.5-1135 (gap left over this morning).
Monday, July 28, 2008
FKLI inching higher on firmer underline support
Firmer underline support at 1119-1120 had attracted more buying support and saw prices penetrated the recent high at 1148.5 on 24 Jul. Market may want to challenge the next resistance at 1158.5-1159 followed by 1175.5-1186 (gap left over over 1 Jul-30 Jun, 2008). For downside, support is at 1136.5-1135 (gap left over this morning).