Bollinger band reading : side way range bound.
MACD Histrogram : weakening, not much action from both buyer and seller.
Support : 1280, 1274, 1270 level.
Resistant : 1290, 1300, 1310 level
Comment :
Doing 6.5 points discount range bound FKLI closed 1 point higher in quiet volume traded for the morning session after regional market having mixed development. Hourly chart suggesting a side way range bound market with tighter market range development.
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