Bollinger band reading : side way range bound.
MACD Histrogram : recovering, seller taking small exposure.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
FKLI eased slightly lower after yesterday price surged in reduce volume transacted within a 5.5 points range market. Daily chart wise, market is likely to trade side way range bound testing support and resistant level within the plotted purple colour symmetrical triangle and the getting narrower Bollinger band width waiting for a break out.
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.
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