Bollinger band reading : side way correction downside biased.
MACD Histrogram : rising higher, seller taking profit.
Support : 1250, 1240, 1232, 1220 level.
Resistant : 1260, 1265, 1270 level.
Comment :
Finally, pullback correction took place today in FKLI that traded higher after yesterday panic selldown in unison with major regional recovering market. However, the hourly chart reading still showing a correction taking place side way range bound downside biased market.
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