Wednesday, March 3, 2010

FKLI Daily: Market may challange 1300 levels


Market violated the recent high at 1288 levels to close firm. Market looks likely to continue its upward posture in near term. As for now, resistance is looking at 1295.5 to 1300.0 levels. To the downside, immediate support is pegged at 1270.0 followed by 1260.0 levels.