Thursday, June 24, 2010

20100624 1418 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1335 changed : +3 points, volume : low.
Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : rising gradually, buyer holding on.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
Upward movement momentum continues in FKLI that traded firmer in slow volume changed hand. Hourly chart outlook suggesting a side way range bound little upside biased reading.

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