Bollinger band reading : upside biased.
MACD Histrogram : getting higher, buyer still ruled.
Support : 1385, 1375, 1360 level.
Resistant : 1395, 1405, 1425 level.
Comment :
FKLI closed marginally higher in lesser volume transaction changed hand after market traded support and resistant level. Daily chart wise, price still hovering around upper Bollinger band with the band width still expanding. Reading remained unchanged still calling for a upside biased market development.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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