• FTSE100 has shown a huge recovery in European session on account of first round of French elections. The index broken psychological resistance of 7200 and jumped till 7253 at the time of writing.
   
• Global stock markets shown a huge recovery as Macron to face Le Pen in French presidential run-off.
   
• The index faces strong support at 7090 and any further weakness can be seen only below that level. Any break below will drag the index till 7014 (200- day MA)/6930 (61.8% retracement of 6609 and 7449).The minor support is around 7150.
   
• Overall bullish invalidation below 6609 (Nov 9th 2016 low).
   
• The near resistance is around 7313 (61.8% retracement of 7449 and 7093) and any break above will take the FTSE100 till 7408 (Apr 11th 2017 high)/7449 (Mar 17th 2017 high).
  
  It is good to buy on dips around 7180-7190 with SL around 7090 for the TP of 7408/7449.