Thursday, July 10, 2008

FKLI violated resistance at 1121.5

FKLI violated the resistance at 1121.5 as shown in above hourly chart. It may want to cover gap left over on 3rd July, 2008 at 1130.5-1143.0.

Market view: buy stop was triggered at 1122.0 Turn to hold long with sell stop at 1097.0