Suprisingly, FKLI managed to closed 1245.5 up 1.5 point eventough the US and regional market going down. However, FKLI still ended below the mid Bollinger band = market still downside biased. Bollinger band width continue to squeeze the market into side way range bound. MACD Histrogram lower by a fraction = buyer and seller are equalizing each other position today(neutral). Immediate support stands at 1231 level and resisitant rest at 1251 level.
When to buy : buy on weakness with quick cut loss and profit target.
When to sell : sell on strength or break down with larget cut loss and profit target.
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