20100317 1429 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1310.5, changed : +5 points, volume : moderate.
Bollinger band reading : side way range bound.
MACD Histrogram : improved, buyer still holding.
Support : 1307, 1300, 1295 level.
Resistant : 1315, 1325, 1335 level.
Comment :
FKLI opened and traded side way range bound in positive territory through out the whole morning session with sustainable volume. Hourly chart suggest market continue to trade side way range bound testing support and resistant level.