Fbm stays firm but lack momentum to push above 1290. Fkli +ve tone from get-go on DJ futs +80 in early trading. Mostly near 1245, despite making attempts at 90 in early PM session.
Quiet day, reversing 2-day of losses but sentiment remains cautious and sensitive to external factors. Regional firmer tone but not trending-like, just short term bargain. Europe and DJ futs off highs in late Asian hours, causing late selling in fkli from 1286 to 1283 in the last 15 mins or so.
Range bound, > 1280 is long bet, targeting 1290-1300 range. Immediate resistance is lowered t 85 from 90. Again given the dis to fbm, 1270 looks strong support.
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