Bollinger band reading : downside biased.
MACD Histrogram : recovering, seller reduce exposure.
Support : 1325, 1318, 1310 level.
Resistant : 1330, 1337, 1345 level.
Comment :
A long upper and lower shadow doji bar candle with Ultra high volume FKLI ended the day lower at the opening price. Daily chart seems having a yet to be confirm triangle break down as price closed just fraction below the triangle. Expect market to trade downside biased with some room for further down testing support level.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/break down with larger cut loss and profit target.
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