Bollinger band reading : correction range bound little upside biased.
MACD Histrogram : turned upward, buyer gather courage to stay.
Support : 1485, 1470, 1458 level.
Resistant : 1500, 1530, 1550 level.
Comment :
FKLI recorded gain recovering some of last 2 days drop with improving volume changed hand rebounded from middle Bollinger band support level. Daily chart formed a wide range bar after market opened gap up and surging upward with a correction range bound little upside biased market reading testing resistant level near upper Bollinger band 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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