Despite DJ gains overnight, regional decided to some profits ahead of weekend. Mixed and off highs.DJ futs mostly minus around –20++ but flat at 5.15 pm. Our cash flat. 885.43/-0.04p. For the week, cash +28p.
Without cash lead, FKLI down on profit take but managed to hold firm without any significant damage to short term outlook except a black candlestick. Weekly +26.5.
Next week: players can sell if there is no trade above 890 in early part of the week But it may take at least 1-day closing to confirm a pullback phase, targeting yellow-line for the week. If Monday is seen a firm mkt, where cash above 890, look for the upside arrow weekly target.
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