FKLI bias turned up after closing above morning high but price has to close above 1490 to keep bias intact.
Resistance is expected at 1500 psychological level and then last week's low of 1510. Selling should also come at uncovered gap of 1532.
Morning high of 1455 is now support and followed by 1436 and then 1425, not too far from day low.
The longer term trend is now neutral and price has to close above 1470 to keep view intact.
Sentiment stayed weak as futures was at deep discount to cash.
The 21 day moving average is now at 1550.
R1/1485 R2/1500 R3/1510
S1/1470 S2/1455 S3/1436
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