Tuesday, October 9, 2012
CI (composite index) at it TC of high so how high it can go ? if able to hold above 1657 to 1668 I think after consolidation it next resistance 1687.So happen if go south below 1657 also below 1653 it next support should be around 1640,Ci auto support point at 1629
As for FKLI 1645 should have support next 1635 1635 also a auto support point for FKLI.
As for FKLI 1645 should have support next 1635 1635 also a auto support point for FKLI.
Well CI had close just above my support of 1654, from TC study ci TC low is at the corner, my point of view Ci tommorow may go low to about 1640 if it able to close at about 1653.5 then TC of low is form , my TAS should have reach it support too .
If Ci able to hold at the said point FKLI will have good chance to hold too. When open If FKLI drop but able to hold above 1644.5 should have support so mean there is high chance of rebound ,so lucky that it move above 1657 should be better chance to go higher north .
If FKLI open above 1657 and not willing to go south mean support is strong get ready.
Fkli not able to move higher than 1660.Look at intraday chart of Fkli found found all cos of the auto resistance at 1659.72 . if it able to hold above 1656 I think fkli should be still chance to go north.
If FKLI keep move at low at around 11.30+-AM it should start turn uptrend. Intra day Fkli had reach it short term TC high now
