FKLI bias remains up and a close above 1530 support should keep bias intact.
Resistance may come at 2008 high of 1536 and thereafter intraday all time high of 1546.
Wednesday afternoon's low of 1525 could be a minor support. Further support is expected at 1523, 1513 and important one at recent low of 1485.
Sentiment stayed positive as futures is at premium to cash, while Jan contract too is trading above its roll fair value.
21 day moving average is now at 1508.
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