Bollinger band reading : correction range bound.
MACD Histrogram : recovering, buyer taking profit.
Support : 2670, 2650, 2620 level.
Resistant : 2700, 2720, 2750 level.
Comment :
FKLI opened higher and turned downward due to profit taking activities continues pressed market to test lower support level and then recovered upward to closed little higher. Hourly chart wise, technical reading suggesting a side way range bound market development.
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