Bollinger band reading : side way range bound.
MACD Histrogram : not much movement, no significant move by both buyer and seller
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
Small range quiet FCPO closed marginally lower with lesser volume changed hand. Daily chart reading continue to show a side way range bound market that near possible temporary trend line support level(yet to be valid).
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.
No comments:
Post a Comment