Bollinger band reading : side way range bound.
MACD Histrogram : continue higher, both buyer and seller battling.
Support : 1290, 1280, 1274 level.
Resistant : 1300, 1310, 1318 level
Comment :
Lower volume transaction FKLI closed near the low of the day after opened and traded higher followed by traders especially buyer closing position ahead of the weekend and FIFA World Cup kick off tonight. Daily chart reading recommending a side way range bound market to take place the in near term as the Bollinger band width continue to turn inwards.
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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