Tuesday, September 16, 2008

FKLI: recouped early losses to end above 1000 mark


Market recouped earlier losses to cover the full gap left over this morning at 990-1002 and stayed above the physiological support at 1000 mark. Nevertheless, the overall technical landscape remained weak. We continue eyeing the next support at 970-960 level. While, immediate resistance is at 1036-1038.