Bollinger band reading : bullish.
MACD Histrogram : getting lower slowly. buyer off loading.
Support : 1280, 1274, 1270 level.
Resistant : 1285, 1290, 1300 level.
Comment :
Despite a mostly negative developement Asia market, FKLI still managed to closed marginally higher with improving volume transacted. Daily chart wise, market correction continue to take place today within a bullish biased outlook market. Expect market to trade side way range bound with testing of support and resistant.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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