Bollinger band reading : upside biased.
MACD Histrogram : turned upward, buyer counter attack.
Support : 1485, 1470, 1458 level.
Resistant : 1500, 1530, 1550 level.
Comment :
Better volume transaction but relatively low FKLI surged up higher recorded gain ahead of the national budget announcement this coming Friday. Daily chart formed a small body up bar candle closing near upper Bollinger band level as the it started to expand outward indicates that market is likely to trade upside biased for the near term.
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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