Bollinger band reading : mildly bullish.
MACD Histrogram : getting weaker. buyer taking profit.
Support : 1325, 1315, 1307 level.
Resistant : 1335, 1345, 1355 level.
Comment :
High volume transacted FKLI traded higher and break another new high today despite a mixed Asia market development. Hourly chart wise, the outlook remained upside biased but MACD indicator shows some sign of exhaustion by registering a weaker reading. Expect market to trade side way range bound with possible testing support level.
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