Bollinger band reading : range bound downside biased.
MACD Histrogram : recovering, buyer and seller testing market.
Support : 2520, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
19 points range market FKLI traded range bound the whole day registering minor gained in slower volume transaction. Daily chart shows a small body up doji bar candle with the reading suggesting a range bound downside 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.
No comments:
Post a Comment