FCPO Daily: More strength is still needed

Market close to stayed firm at above 2500 had helped to gain a little ground. However, more strength is still needed in order to change the immediate technical landscape to look positively. Thus, we continue to look for the immediate support at 2475-2462 (gap left over on 3/2/2010) followed by 2400-2393. While, upside resistance is pegged 2520-2540.