Bollinger band reading : upside biased.
MACD Histrogram : resumed rising, buyer returned .
Support : 1405, 1395, 1385, 1375 level.
Resistant : 1425, 1445, 1470 level.
Comment :
Rallied again FKLI closed boldly at the high of the day in ultra high volume changed hand as buyer last hour pushed market to record another new year high. Daily chart formed a wide range up bar candle resumed uptrend movement after 2 days of correction with the outlook resume upside biased reading.
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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