Bollinger band reading : side way downside biased.
MACD Histrogram : reversed lower, seller increase exposure.
Support : 1274, 1270, 1265 level.
Resistant : 1280, 1290, 1300 level
Comment :
Black Monday doji bar candle FKLI ended weaker with improved volume changed hand following major Asia market negative development. Daily chart reading shows that market is likely to trade side way downside biased testing lower support level.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/breakdown with larger cut loss and profit target.
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