Bollinger band reading : side way range bound downside biased.
MACD Histrogram : reverse higher slightly, short covering.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
5 points range market FKLI opened and traded mostly in the positive zone recover some of yesterday's loss in sustaining volume. Hourly chart suggesting market is trading side way range bound with a little downside biased still as there is lack of catalyst to lead the market direction.
No comments:
Post a Comment