Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : turned upward, buyer still in control.
Support : 1470, 1458, 1445 level.
Resistant : 1500, 1530, 1550 level.
Comment :
Slow volume transaction FKLI opened 1 tick higher and surged upward testing upper Bollinger resistant level followed by profit taking activities hitting price to soften off the high. Daily chart show that market traded range bound bouncing within the Bollinger upper and lower band with the reading suggesting a range bound little upside biased market.
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