Bollinger band reading : side ways upside biased.
MACD Histrogram : rising higher, buyer defending.
Support : 1345, 1337, 1330 level.
Resistant : 1350, 1360, 1375 level.
Comment :
Another low participation volume range bound FKLI that traded higher following a firmer overnight U.S. and regional market development. Hourly chart wise market open higher and traded side way range bound as buyer seems insist to defend their position no letting any chance for seller to take advantage of. Reading is suggesting a side way range bound upside biased market in the near term.
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