Fkli activities remained slow with eyes on commodity, thanks to its big trend scenario
Europe.DJ futs gave fkli bulls a helping hand to maintain 60’s support after a weak AM session. Commodity related stocks took centre stage today, but mkt direction remained unclear.
Fbm toppish outlook and tech weakness continue to limit fkli potential. Both struggles within support lvls and having been defensive since last Tue’s year high action. Dwside risk is greater till fbm recovers 65 mark, targeting the lower trading band of 1350-1370 range.
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