20100319 1441 FKLI Mid Day Hourly Chart Study.

FKLI last looked : 1297.5, changed : +0.5 point, volume : higher.
Bollinger band reading : side way downside biased.
MACD Histrogram : recovering, seller taking partial profit.
Support : 1295, 1290, 1285 level.
Resistant : 1300, 1307, 1315 level.
Comment :
Firt session FKLI traded side way range bound with improved volume. Hourly chart suggesting a side way range bound downside biased market with temporary upward correction.