Friday, November 21, 2008

FKLI Daily: more downside room


Market comes to the end of its sideways move following prices violated the immediate support at 863 level and gives more room to downside potential. As for now, we look at the immediate support at 843-839.5 followed by 827.5. For upside, immediate resistance is at 859.5-868 (gap left over yesterday) followed by 891-895.5.