Bollinger band reading : downside biased.
MACD Histrogram : recovering, seller in control.
Support : 1300, 1290, 1280 level.
Resistant :1310, 1318, 1325 level.
Comment :
Pullback correction FKLI opened and traded higher through out the morning and resumed its downward movement to closed the first half unchanged. Hourly chart reading remained unchange showing a downside biased movement market testing crucial support level.
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