Plan D : Cut below 1236.

FCPO

FCPO staged a remarkable recovery last Friday despite failing to close above the 2300-level. Market must at least hold firm above 2280 to stand any chance of decoupling from the bear trend. Any falls below 2220 might spell troubles to the buyers

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Plan A : Long if market supported firmly above 2222. Targets are 2240 and 2260.

Plan B : Short if market fails to support above 2263. Targets are 2240 and 2222.

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