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Thursday, May 7, 2009
FKLI Daily: Bull is eyeing 1050
Fantastic bull power led market to test the resistance at 1030 in intra-day basis. Market looks likely to challenge again the upside resistance at 1030-1040 followed by 1050. To the downside, support remains at 998-993.5 (gap left over on 4/5/2009).