20100712 1415 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1334.5 changed : +5.5 points, volume : low.
Bollinger band reading : upside biased.
MACD Histrogram : weakening, buyer book in profit partially.
Support : 1330, 1325, 1318 level.
Resistant : 1337, 1345, 1350 level.
Comment :
After world cup final morning FKLI seems to be in sleepy mood as only mild volume traded as price continue move upwards. No much action shows on hourly chart and the outlook stay unchanged with upside biased reading.