Wednesday, September 12, 2012

Trading tips for the Day - 12 September 2012

FKLI has already moved up to the resistance area of 1604 in early morning trading, and could see slow continuing movement upwards.  If you haven't jumped in, you can still do so at around 1600 to 1599.

9.33 am - Hope you guys have managed to jump in after i posted the above as FKLI came down to 1598.5 and now it is 1602 already.  You can take profit at around 1605 if you want.

Monday, September 3, 2012

Trading Tips for the Day - 3 September 2012

Dow Jones was pushed higher as more expectation of a stimulus package will be introduced to lift the sagging US economy.  FKLI will likely open a few points up, for the first trade one can attempt to Long 1-2 points below the opening price.