Bollinger band reading : bullish side way likely.
MACD Histrogram : lower, buyer off loading.
Support : 1300, 1295, 1290 level.
Resistant : 1309, upper Bollinger band level.
Comment : FKLI closed marginally lower but still maintained itself above the 1300 resistant turned support level with lower volume transacted due to lack of fresh lead or catalyst to bring the market to a new level. Expect market to trade side way range bound upside biased.
When to buy : buy at support/weakness/breakout with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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