20100713 1319 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1329 changed : +0.5 point, volume : low.
Bollinger band reading : side way range bound.
MACD Histrogram : turned upward, battle still on between buyer and seller.
Support : 1325, 1318, 1310 level.
Resistant : 1330, 1337, 1345 level.
Comment :
12 points range market FKLI trade 1 tick higher in slow volume after price tested support and resistant level on par with cash market. Hourly chart reading turned to suggesting a side way range bound market.