Bollinger band reading : correction upside biased.
MACD Histrogram : weakening, buyer taking profit.
Support : 1425, 1405, 1395 level.
Resistant : 1445, 1458, 1470 level.
Comment :
Lesser volume FKLI closed higher in tandem with major regional market positive closed development. Daily chart formed a small body doji bar candle with correction still taking place. Technical wise, market still registering correction range bound upside biased market 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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