Morning start...fkli firm 1358-60 fcpo strong 2530-35

DJ -30, Europe also marginally lower,-0.2%

8.10 : DJ futs -4. Regional lower tone, wtihin -0.5%. Commodity strong, CO +1%. GOLD +0.5%, recovery mode after a $100 sell dw from all time highs.

fkli : may not see initial follow through, more like a tug of war at 60 with upside-bias once 55 support is tested and proven. Above 55 is +ve while above 60 is bullish ofr 60-70 range if fbm > 1360.

fcpo : SO +1.5%, its biggest move this week, on riding on supplies concerns over grains product. fcpo will take on the upper band of 2500-2550 and is likely to start around 2530-35. If so, intra-day support is raised to 2520 from 2500+.