Bollinger band reading : upside biased.
MACD Histrogram : weakening, buyer profit taking.
Support : 1337, 1330, 1325 level.
Resistant : 1345, 1350, 1360 level.
Comment :
Thin trading closed higher FKLI traded range bound within a 7.5 points range as regional market closed mostly higher. Daily chart reading suggesting a upside biased market with the negative divergence development between price and MACD Histrogram.
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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