Wednesday, June 2, 2010

20100602 1325 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1275, changed : +2.5 points, volume : moderate.
Bollinger band reading : side way range bound little downside biased.
MACD Histrogram : reverse lower, buyer and seller battling.
Support : 1274, 1270, 1265 level.
Resistant : 1280, 1290, 1300 level.
Comment :
8 points range market FKLI first session ended slightly higher with sustainable volume traded. Hourly chart shows a side way range bound litle downside biased market.

1 comment:

Anonymous said...

How you get the support and resistant level ??