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Plan A : Continue to hold short as long as market stays below 1591
Plan B : Cut above 1595
Plan C : Attempt buying only if market rebounds from 1582
Plan D : Cut below 1578
FCPO
FCPO opened high last week and faced profit taking activities for the remainder of the week. Market might continue to face further profit taking today but it will be important for the market to at least hold above 2205 to avoid further sell down.
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Plan A : Sell if market trades consistently below 2225. Targets are 2213 and 2205.
Plan B : Buy if market test and rebound from 2205. Targets are 2213 and 2225.
Plan C : Above 2231, no fresh position
Plan D : Below 2205, no fresh position
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