FKLI : morning gossip....1075-1080

DJ -30

8.30 : DJ futs -20 NK +30/0.5% Kos +8. Commodity price is seen trading lower today.

Weak DJ may spark selling interest in the initila trade but is unlikley to affect the overall positive tone generated last week. If 1080 resistance break, a run up is expected. Otherwise, we are looking at 1070-1080 boring range.

Above 1070 is a buy mkt today.