FKLI bias turned up after the firm close but it has to close higher today to keep bias intact.
Resistance is now 1375, also the high of Jul 2010, followed by the psychological 1400.
The 1357 level has now turned support, where price gapped up in the afternoon and thereafter, yesterday's low of 1340.
The longer term trend is down.
Sentiment stayed weak as futures was priced at discount to cash.
The 21 day moving average 1429.
R1/1375 R2/1400 R3/1420
S1/1357 S2/1340 S3/1300
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