20100518 1306 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1329.5, changed : -3.5 points, volume : low.
Bollinger band reading : side way range bound downside biased.
MACD Histrogram : recovering, small majority still seller.
Support : 1325, 1318, 1310 level.
Resistant : 1330, 1337, 1345 level.
Comment :
Decreased volume FKLI closed slightly lower while major Asia market traded mixed and the hourly chart reading shows a side way range bound downside biased market.