Bollinger band reading : downside biased.
MACD Histrogram : weaker but not much movement, buyer off loading, seller present.
Support : 1300, 1295, 1290 level.
Resistant : 1307, 1315, 1325 level.
Comment :
Broken 2 level support and buyer punishing FKLI trader badly today with moderate volume changed hand despite a firmer overnight DJIA market. Further downside potential with test at support level presented at the hourly chart suggest seller to sit tight and alerted buyer to take cover.
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