Bollinger band reading : bullish biased.
MACD Histrogram : rising, buyer still in charged.
Support : 1335, 1310, 1300 level.
Resistant : 1350, 1360, 1375 level.
Comment :
FKLI ended the week firmer with a up wide range bar candle in sustainable volume traded. Weekly chart wise, market continue its uptrend movement but price seems a little over extended upward as this week candle closed above the upper Bollinger and level. Expect market to traded upside biased with possible pullback downward correction to take place in the near term.
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