Bollinger band reading : bullish.
MACD Histrogram : rising higher, buyer still ruled.
Support : 1278, 1270, 1260 level.
Resistant : 1285, 1290, 1300 level.
Comment :
Seems like Mr. Bull has yet to leave! Bullish FKLI opened and touched lower level followed by strong fighting spirit buyer push FKLI to closed the first session near ther high. Hourly chart reading looks bullish but with price of the last 2 hourly chart candles traded above the upper Bollinger band could possibly triggered market to have a consolidate correction but moving upward further. Expect market to trade side way range bound upside biased.
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