Bollinger band reading : upside biased.
MACD Histrogram : continue higher, buyer seized control.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
Range bound market FKLI closed in positive zone with better volume transacted. Daily chart shows that market touched nearly 2 months high but profit taking activities pressed price to closed near the low. Reading remained unchanged with an upside biased outlook.
When to buy : buy at support or weakness with larger cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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