FKLI bias is neutral, the close below morning low is weak but nonetheless price managed to close above 1530 support level.
Again, resistance is still at area of 1540 - 1542 and then April high of 1562.
Support is expected at area of 1520 - 1518, the low of last week, and thereafter 1510, the low of 2 weeks back.
The longer term trend is up but price has to close above 1580 to confirm it.
Sentiment was weak as futures was priced cheap to cash.
The 21 day moving average is now at 1534.
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