Despite regional surge, our cash mkt was lackluster within Tues range , -1.8 point, and extended its losing streak to five days But FKLI was rather upbeat, premium +5 point to cash, and further technical buy notedFurther technical rebound seen. The mkt is seen heading towards 880 at least if opens firm tomorrow. And whether the mkt will close the gap remains a question to me as cash still technically indecisive. Do not fresh-sell on strength till negative signal appears.
Immediate sell-on-weakness signal is seen if 867. Prefer to stick to position-sell if 856 breaks.
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