DJ +48p, housing sector merger overshadowed economic data
DJ futs +7p. NK +121p/+1.5%. Kos +1%
Danger for shorts. FKLi is considered to have tested short term, 7SMA, support. Therefore any upside from now onwards can be view as the beginning of a fresh leg up.
FKLI is seen range bound first within 913-920.5, with further upside potential if cash breaks 915 immedaite resistance. Feel good factor in the afternoon ahead of new cabinet announcement ?
3 years ago
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