Tuesday, June 23, 2009

FKLI Daily: More downside potential


Market continue to losing streak following the violation of 1045-1050 had further dampened the immediate landscape. Thus, we foresee more potential of downside room in near term market. We are now looking for the immediate support at 1035-1030 followed by 1000. To the upside, resistance is at 1065-1070.