FKLI bias still carries a hint of upward bias but it needs to close above 1562.50 to keep bias intact.
Further resistance is expected at 1570 and 1580, both a prior high and low.
Support is now at 1554, yesterday's low and thereafter 1548.
The longer term trend is neutral to down.
Sentiment stays weak as futures are at discount to cash.
The 21 day moving average is now at 1531.
R1/1562.5 R2/1570 R3/1580
S1/1554 S2/1548 S3/1542
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