Bollinger band reading : side way range bound, upside biased.
MACD Histrogram : reverse upward, buyer still in charge.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
Despite thin volume trading and 1 day ahead of expiry, FKLI still managed to closed the day at higher ground doing 4 points premium compare to cash market. Daily chart wise, market outlook suggesting a side way range bound upside biased development.
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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