Bollinger band reading : side way downside biased.
MACD Histrogram : rising higher, seller locking in profit.
Support : 1274, 1270, 1265 level.
Resistant : 1280, 1290, 1300 level.
Comment :
Ultra high volume FKLI continue to trade in negative breath ended the first session lower despite recovery taking place in world major stock market but manage to have a 5 points premium compare to cash market. Hourly chart reading still shows a downside biased market with correction taking place after few support level is been tested.
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