Bollinger band reading : side way range bound.
MACD Histrogram : reversed lower, seller testing market again.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
Interest rate hike, Sidu election defeat plus negative regional market pressured buyer to retreat from the market during the morning session follow by second half session pullback effect correction and positive European market opening pushed market to recover some of earlier losses in high transaction volume. Daily chart wise, market is still trading side way range bound within the Bollinger band width with battle still going ob between bull and bear.
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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