Bollinger band reading : side way range bound.
MACD Histrogram : rising, buyer defending.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
FKLI surrender yesterday gains and retreat lower in lesser volume traded as market sentiment turned negative following a lower closed on regional market and worry of US and China economy condition. Daily chart shows market tested lower but still managed to closed right at support level with the reading turned into a side way range bound market little upside biased.
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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