20100325 1729 FKLI EOD Daily Chart Study.

FKLI closed : 1317.5, changed : +4.5 points, volume : lower.
Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : recovering, buyer taking chances.
Support : 1312, 1307, 1300, 1295 level.
Resistant : 1318, 1325, 1330 level.
Comment :
Closed at the high FKLI traded within a 6 points range lower volume market. Daily chart outlook remained unchanged with continue side way range bound little upside biased market.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.