FCPO Daily: Remains in bearish outlook

Market violated the physiological support at 2100 levels to end at day low had dampened further the already weak technical outlook. To the upside, resistance is looking at the 2119-2140 (gap left over on 14/9/2009). Downside support is pegged at 2060-2050 followed by 2030-2000.

CBOT Soyoil Daily: Struggling at USD33.00

Market extended its losing streak following support at USD33.30-33.20 was violated. Any breakdown from the physiological support at USD33.00 may provide more room to bias downside potential in near term. To the upside, resistance is looking at USD33.70-34.00.

NYMEX Crude Daily: Facing tough resistance at USD73

Bulls look has losing strength to climb up further after facing tough resistance at USD73.00. Thus, market may into correction phase with downside support is pegged at USD67.00.

SSE Daily: Improving

Market covered partial of the upside gap left over to stay firm at 3000 levels. This had strengthen further the immediate technical landscape to move sideways to bias upside potential in near term. As for now, we are looking for the immediate resistance at 3033-3039 (unfilled gap left over) followed by 3060-3080. While, downside support is pegged at 2900 levels.

FKLI Daily: 1200 mark defended well

Market was defended well at 1200 mark to maintain its upward posture firmly. Thus, bulls look may challenge again the recent high at 1215 levels followed by 1230-1240. To the downside, support is pegged at 1200-1190.