FCPO Daily: Inching up

Market continue to inch higher in tight rangy mode. Market looks may want to challenge the immediate resistance at 2648 in near term. Next resistance will be looking at 2667-2675 (gap left over on 7/1/2010. To the downside, support is lies at 2621-2609(gap left over on 22/2/2010)followed by 2600-2580.