FKLI bias is neutral after failing to close above 1576 after trading above it for two days running.
Support is still expected at 1569 and close below it may turn bias down. Further support is expected at 1565 area and thereafter last weeks low of 1555.
Sentiment was somewhat positive as futures was price at slight premium to cash. FKLI has to close higher, preferably above 1576 to keep sentiment going.
21 day moving average is now at 1544.
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