FKLI last look (Mar2010): 1269 changed : +5 point, volume : high.
Bollinger band reading : side way little upside biased.
MACD Histrogram : up and down by a fraction, draw game for buyer and seller.
Support : 1260, 1250, 1235 level.
Resistant : 1270, 1278, 1290 level.
Comment :
FKLI Mar2010 contract opened and traded firmer in a side way 8 points range bound market. Hourly chart wise, market is likely to trade side way range bound and a little upside biased with immediate support seen at the
middle Bollinger band level.
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