Tuesday, November 25, 2008

FCPO Daily: 1400 mark holding firm


Market gaining a little ground following 1400 mark continue to hold firm and tested 1500 in intra-day basis. This had neutralised a little the immediate daily technical landscape. Market looks may want to challenge the upside gap left over at 1563-1571 (gap left over since 11/11/2008) followed by 1600. For downside, support is pegged at 1400-1390 followed by 1358-1331.