Thursday, July 2, 2009

FCPO Daily: 2200 mark defended


Market make a defensive recovery to stay above 2200 mark. Thus, market may due to a correction mode in near term. Immediate upside resistance remains at 2294-2296 (unfilled gap left over since 29/6/2009)followed by 2350. While, immediate downside support is pegged at 2220-2200.