FKLI : morning gossip

DJ +20p. managing an advance at the end of a choppy session after a positive housing report and a series of not-as-bad-as-expected auto sales reports gave investors some optimism. ...CNN

DJ futs -7. NK +60 Kos +12.

FKLI is seen stabilising today, at least till HS opens. In the meantime, Fkli Jun is likely to flactuate within 1060-1070 range but negative tone will pervail first unless the mkt can convincingly trades above 1068.5.

Support remains at 7SMA.