FKLI closed : 1317, changed : -4 points, volume : high.
Bollinger band reading : dowside biased.
MACD Histrogram : mostly lower, buyer taking profit and seller present.
Support : 1315, 1307, 1300 level.
Resistant : 1325, 1335, 1345 level.
Comment :
7 points premium FKLI traded lower in high volume due to profit taking activities through out the whole morning session. Hourly chart reading turned negative today and suggesting a possible further downside potential market with the last 3 candles traded side way range bound.
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