Fkli wrap... risk of 20-40 if closing under 40 on Mon

Fbm/fkli same story lines every day this week – toppish but maintaining +ve tone. Toppish around 40-45 range but supported in +ve zone, above 35.

Regional and Dj futs flat, mixed and seesaw today. Europe, however, strong in early trades near +1%.

Mkt needs a decision next week –either 1-mth fresh 40-60 high range or 20-40 sideways again. Above 45 is breakout higher scenario, while critical support is seen at 32. Upward bias till 7SMA support is broken .