Fkli finishes near intra-day high on buying in the last 45 mins. Weakness in early part of the day finds solid support at 1305. This prompted a range play of 1305-1310 for most the day till the late push, encourage by Europe +0.7% and DJ turning +5 from -30. High premium over fbm, as expectation for a higher DJ closing increases.
Technically, bullish tone remains if mkt stays above 1310, targeting upper red-line. But 1300-1320 range first till fbm catches up.
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