FKLI formed a double top after prices failed to sustain at 1148.5. Prices then tested the immediate support at 1120-1125 in morning session. Market may under pressure in near term. As for now, we look for the support at 1110-1103.5 (gap left over on 23rd Jul, 2008). Immediate resistance is at 1129.5-1134 (gap left over this morning).
Market view: hold short if prices break 1120 with buy stop at 1135-1138.
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