Wednesday, February 25, 2009

FCPO Daily: remains range bound mode


Market tested the immediate support at 1830 in intra-day basis and able to sustain. Thus, market likely to move in range of 1800-1900 in near term. We continue to look for the resistance at 1900-1910. Support is pegged at 1798-1790 (gap left over on 4/2/2009).