Bollinger band reading : upside biased.
MACD Histrogram : rising higher, buyer ruled.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
Marginal gained FKLI opened and surged higher before profit taking activities pressed price downward to closed off the high of the day with improving volume transaction. Daily chart wise, market formed a down doji bar candle with the reading still calling for a upside biased market with possible pullback correction to take place soon.
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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