Bollinger band reading : upside biased.
MACD Histrogram : continue rising, buyer's heaven.
Support : 1470, 1458, 1445, 1425 level.
Resistant : 1500, 1530, 1550 level.
Comment :
Serious buyer pushed FKLI to opened and traded higher again in lesser volume transacted however profit taking activities kept gain limited once market hit the upper Bollinger band. Daily chart formed a doji bar candle near upper Bollinger band hint for a possible pullback correction with underlying market remained upside biased.
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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