FKLI bias remains up and a close above 1533 resistance level should keep the bias up.
Further resistance may come at 1550 and then the gap of 1562 - 1564.
Support remains at Wednesday's gap area of 1524 - 1519 and thereafter, psychological support of 1500, the low of past two weeks. Important low stays at Dec bottom of 1485.
The longer term trend remains up.
Sentiment stays weak as futures was at discount to cash.
The 21 day moving average is now at 1550.
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