Bollinger band reading : downside biased.
MACD Histrogram : getting lower, seller in control.
Support : 1325, 1318, 1310 level.
Resistant : 1330, 1337, 1345 level.
Comment :
Soon to be double ultra high volume FKLI traded badly after a big drop in major Euro and US market spilled over to Asia region market to trade in the negative zone. Hourly chart reading turned instantly to a negative downside biased market with potential pullback once market opened gap down follow by panic selling push price deeper and recovered to near opening price.
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