FKLI-Mar09
Profit taking on last Friday mades FKLI traded lower but by end of the day unchanged closing @ 887.
Bollinger Band width contracting indicates some technical adjustment happened to FKLI-SPOT
Immediate support @ middle BB band 863 while resistance @ upper BB band 897.
FKLI-Apr09Some active trading begin to be seen for FKLI-Apr09 2 more trading days prior to FKLI-Mar09 maturity. FKLI-Apr09 closed 3 points lower @ 884 with total volume of 7325 lots transacted.
Bollinger Band width also begin to contract indicating same technical adjustment to the market. Immediate support @ middle BB 860 while resistance @ upport BB band 894.
FKLI-APR09: Intraday support @ 874, 870, 866 & resistance @ 894, 898, 902
HAPPY TRADING!!
0 comments:
Post a Comment