Bollinger band reading : side way range bound.
MACD Histrogram : reversed higher, buyer nerve to win seems stronger.
Support : 1300, 1290, 1280 level.
Resistant : 1310, 1318, 1325 level
Comment :
Profit taking on the second half session and cash market last minute closed suddenly off the high press price to closed of the high but still managed to record higher closed today in supporting volume doing 6 points premium. Daily chart reading still shows a side way range bound market development and the outlook will turn bullish should price continue to trade higher in the coming days.
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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