Thursday, January 29, 2009

FKLI Daily: gaining ground


Market gaining ground following a long white candle printed after cover gap at 883.5-887 had brighten up the immediate technical outlook. As for now, we look for the upside resistance at 902.5-907 (gap left over since 14/1/2009). downside support is pegged at 872-870.5 (gap left over on 28/1/2009).