Tuesday, December 8, 2009

FKLI Daily: Looks tiredness


Market looks tiredness as prices continue to struggle at above 1250 physiological support levels. We are still looking for the immediate support at 1250 levels. Violation of it may provide more room to bias downside potential which next support will be pegged at 1230 followed by 1200 levels. To the upside, immediate resistance is at 1275 followed by 1286.