FKLI closed : 1269.5, changed : -0.5 point, volume : high.
Bollinger band reading : side way bullish biased.
MACD Histrogram : improved slightly but still weak, roll over activities taking place.
Support : 1260, 1250, 1235 level.
Resistant : 1270, 1278, 1290 level.
Comment : FKLI opened down lower following by roll over activities lifted price to above but closed just half point below the 1270 resistant level. Hourly chart suggesting a side way range bound little upside biased market to take place in the second half session.
No comments:
Post a Comment