Bollinger band reading : side way correction upside biased.
MACD Histrogram : weakening, buyer reducing exposure.
Support : 1318, 1310, 1300 level.
Resistant : 1325, 1330, 1337 level.
Comment :
Second session turned negative sentiment due to weaker regional market development caused FKLI to reverse and traded lower closed near the low of the day in slightly improved volume. Daily chart reading continue to show a correction side way range bound upside biased market.
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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