FKLI bias turned down and a close below 1510 should keep the bias intact.
Support is now at 1502, the low of 2 weeks ago and then 1493, the low of 3 weeks ago.
Resistance is now 1522, the low of last week and followed by a stronger one at 1530.
The longer term trend is neutral to down.
Sentiment is neutral as futures was priced about fair to cash.
The 21 day moving average is 1505.
R1/1510 R2/1522 R2/1530
S1/1502 S2/1493 S3/1480
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