Bollinger band reading : side way range bound little downside biased.
MACD Histrogram : getting lower, buyer closing some position.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
FKLI ended first session up 2 points in slow volume transaction after market opened lower but recovered to register minor gain. Hourly chart reading suggesting market to trade range bound upside biased for the near term as market await fresh lead to determined market direction.
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