Morning start...fkli firm 1365-70 fcpo strong 2600

DJ +40, small moves for the past 2-day. Europe mixed, +ve ibias.

8.30: DJ futs +3 Regional +ve, expecting +0.5%. But NK +2%, big zigzag moves this week. Commodity firmer tone. CO +0.5%


fkli : good chance to park near 70 or the upper band , 65-70, again to offset Tue's -ve move But no breakout expected as fbm upside tpday is seen topping 68-70. downside support is 1362.

fcpo : SO gain near +1%. Another incentive for fcpo bulls to force a breakout above 2600. A sustainable move ?....scratching my head!