20100806 1306 FKLI Mid Day Hourly Chart Study.

FKLI closed : 1365, changed : -1.5 point, volume : low.
Bollinger band reading : side way range bound.
MACD Histrogram : reversed lower, buyer and seller get lazy today.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
Lazy volume narrow 3.5 points range market FKLI closed for lunch slightly lower ahead of the weekend after regional market having mixed development. Hourly chart wise, a TOTALLY BORING market without much to write about and the reading suggesting a side way range bound consolidation market.