Weblog Disclaimer :
The information in this weblog has been obtained from sources believed to be reliable. Its accuracy and completeness is not guaranteed and opinions are subject to change without notice. This weblog is for information only and not to be construed as a solicitation for contracts. We accept no liability for any direct or indirect losses arising from the use of this weblog.
Tuesday, August 12, 2008
FCPO bottomless
FCPO sank to close at 2561, a fresh year low. It looks that market is bottomless. We now pegged the immediate support at 2520-2530 followed by 2460-2457. For upside, resistance is at 2728-2767 (gap left over on 11th Aug, 2008).
FCPO sank to close at 2561, a fresh year low. It looks that market is bottomless. We now pegged the immediate support at 2520-2530 followed by 2460-2457. For upside, resistance is at 2728-2767 (gap left over on 11th Aug, 2008).