FKLI bias turned up after closing above 1580 resistance level and it has to close above 1584 to keep bias intact.
Expect resistance at prior gap of 1586 and then 1590. Stronger selling should come at psychological 1600.
Below 1580, support may come at 1575, the low of yesterday and then 1570, not too far from early week low.
The longer term trend is up.
Negative sentiment of the past 3 days was shook off, as futures was price rich to cash.
The 21 day moving average is now at 1572.
R1/1586 R2/1590 R3/1600
S1/1580 S2/1575 S3/1570
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