Wednesday, September 8, 2010

20100908 1610 FKLI Mid Day Hourly Chart Study.

FKLI last looked : 1432.5, changed : -1 points, volume : low.
Bollinger band reading : side way range bound.
MACD Histrogram : recovering, buyer seller in holiday mood.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
6 points range quiet transaction volume FKLI traded side way range bound without much participation. Hourly chart wise, the reading suggesting a side way range bound little downside biased.

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