Friday, January 15, 2010

FKLI Daily: Holding well


1300 mark was tested but yet to break through convincingly. A concrete base has been building up and market likely to move higher in near term. To the upside, we are looking at the resistance at 1310 followed by 1314-1348 (gap left over on 29/2/2008). To the downside, support is pegged at 1289.