FKLI bias turned down after the weak close and it has to close below 1583 to keep bias intact.
Further support is at 1578, the low of 2 weeks ago, and then 1570.
The 1588 level has now turned into a resistance and followed by 1594.
The longer term trend is neutral to down.
Sentiment stays weak as futures discount remains.
The 21 day moving average is now at 1585.
R1/1588 R2/1594 R3/1598
S1/1583 S2/1578 S3/1570
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