Wednesday, April 14, 2010

FKLI Daily: Due for Consolidation


Market slowing down its upward move after the recent strong rally. Thus, market may due for consolidation in near term with upside resistance is pegged at 1350.5 While, downside support is adjusted to 1330 followed by 1327.5-1320.5 (gap left over on 1/4/2010).