Bollinger band reading : side way range bound.
MACD Histrogram : both buyer seller testing market.
Support : 1500, 1485, 1470 level.
Resistant : 1530, 1550, 1580 level.
Comment :
FKLI rallied higher recorded gain with higher volume changed hand despite major regional market traded in negative territory. Daily chart formed an up bar candle after market opened and closed higher near upper Bollinger band resistant level with the reading suggesting a side way range bound market development testing support and resistant 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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