Bollinger band reading : side way range bound little downside biased.
MACD Histrogram : recovering, both buyer and seller doing rollover.
Support : 1395, 1385, 1375 level.
Resistant : 1405, 1425, 1445 level.
Comment :
Traded range bound FKLI closed first session higher in improved volume transaction mostly consist of rollover to forward month activities. Hourly chart wise, market recovered upward after penetrated below lower Bollinger band level with the reading suggesting a side way range bound little downside biased market development.
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