SSE Daily: Building up base

The immediate technical outlook is improving as market continue to build up a support base. Thus, market may move in sideways bias to little upside potential in near term. To the upside, resistance is pegged at 2950-3000 followed by 3020-3039 (gap left over on 17/8/2009). Downside support is stood at 2820-2800 followed by 2760.