Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : weakening, buyer taking partial profit.
Support : 1458, 1445, 1425 level.
Resistant : 1470, 1485, 1500 level.
Comment :
5 points tight range market FKLI edge up higher in slow volume transaction despite a declined overnight US market. Hourly chart wise, market opened gap higher and tested resistant level followed by profit taking activities pressed to trade off the high with the reading suggesting a side way range bound little upside biased market.
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