Thursday, September 11, 2008

FCPO: Extremely weak


Market cracked below 2300 level and dived to the low at 2275 in intra-day basis before it manage to end above 2300 mark. The overall technical landscape was extremely weak. We now look for the support at 2240-2235 followed by 2150-2140. For upside, resistance is at 2400-2410