FKLI bias stays up and a close above 1494 will keep bias intact.
Support is the area of 1480, which supported price many times in the past ones, and 1476, the low of yesterday. Stronger support is at 1470, Nov low.
After 1494, expect resistance at 1500 psychological level and thereafter 1510 and a stronger one at 1524.
The longer term trend is neutral to up.
Sentiment was neutral as futures was priced about fair.
The 21 day moving average is now at 1503.
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