Bollinger band reading : downside biased.
MACD Histrogram : getting weaker, seller presents.
Support : 1278, 1270, 1265 level.
Resistant : 1285, 1290, 1300 level.
Comment :
FKLI opended and traded higher but didn't last long with seller coming in to pushed the market lower. Hourly chart reading suggest a further downside potential market likely to take place in the near term.
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