Kospi, Nikkei, Topix

Forecast for 11th February 2013 Kospi March contract Kospi Future broke resistance at 256.25/60 to hit the next target of 258.30/50. As expected this was a big obstacle & we topped at 258.45. A break higher looks possible today for 260 with scope for 261.25/50. Support at 256.30 then 255.00. Unlikely we fall any further with the market looking in recovery mode at the moment but below here 253.40/252.85 should be a buying opportunity.

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Kospi, Nikkei, Topix