Tuesday, January 26, 2010

FCPO Daily: Remains in sideways


No further new development as market extended its consolidation mode to move in sideways bias in between 2400 to 2500 levels. As for now, we continue to look for the immediate support at 2400 followed by 2370-2360. While, upside resistance is pegged at 2500-2525 followed by 2540-2550.