FKLI bias turned up after the positive close and a higher close should keep bias intact.
Resistance is now 1564.5, last Friday high and also the high of 15 Feb, and thereafter last week's high of 1570.
The 1560 has now turned into support and followed by gap of 17 Feb of 1553.
The longer term trend is neutral to down.
Sentiment stayed positive as futures premium to cash widened.
The 21 day moving average is now at 1545.
R1/1564.5 R2/1570 R3/1580
S1/1560 S2/1553 S3/1548
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