Bollinger band reading : range bound, downside biased.
MACD Histrogram : reversed upward, buyer taking profit.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
Tight 4.5 points range, low participation volume FKLI ended first session unchanged without significant movement. Hourly chart wise, market opened lower and moving side way range bound with the reading suggesting a range bound downside biased market development.
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