Bollinger band reading : correction upside biased.
MACD Histrogram : turned downward, buyer taking profit.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
FKLI eased lower in lesser volume changed hand ahead of the weekend doing 3 points discount compare to cash market. Daily chart wise, market is having pullback correction after surge higher without a rest for 5 consecutive days. Reading wise is suggesting a correction range bound upside biased market testing lower support level.
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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