FKLI closed 4.5 points higher at 1250. Through out the morning session, market still facing difficulties to decide on which direction to go standing in the cross road of a up trend profit taking environment. This can be witnessed on the hourly chart candle bar hovering up and down the mid Bollinger Band. Bollinger Band width also stay unchanged shows that market still trading in side way range bound. MACD Histrogram one bar up follow by one bar down also votting for a non direction movement market. Side way ranging market are likely to continue toward the afternoon session with a possible last hour "weekend effect".
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