Bollinger band reading : correction range bound, upside biased.
MACD Histrogram : getting lower, buyer realising profit.
Support : 1375, 1360, 1350 level.
Resistant : 1385, 1395, 1405 level.
Comment :
Hit another new year high FKLI opened and tested higher resistant level and corrected downward to test support level at middle Bollinger band ended the first session lower with increased volume traded. Hourly chart shows that market is having correction range bound upside biased reading testing lower support level.
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