Morning start...fkli firm 1307--10 fcpo firm 2290-2300

Europe very strong , +3%, but DJ underperformed expectations of a +100 gains. While closing at +60 gains, actually a dissapointment for bulls.

8.15 : DJ futs -5. Regional -0.5%. Commodilty lower. CO -1%. GOLD under $1200 mark, -1%.

fkli : profit take start seen, 1305-1310 but firm tone till fbm opens. If fbm breaks 1305 lvl, big round of profit take is expected, target the lower end of 1300-1310 range. To aim at the next resistance of 1318, fbm must lend a hand and trade above 1310.

fcpo : SO -0.3%. not much external incentives to generate follow through above 2300. Intra-day +ve only if above 2290. Otherwise, fcpo could drift within 2280-2300 range