Bollinger band reading : upside biased.
MACD Histrogram : resume rising, buyer still in charge.
Support : 1565, 1550, 1540, 1530 level.
Resistance : 1580, 1590, 1600, 1610 level.
Comment :
FKLI closed recorded gain with higher volume transacted doing 1 point discount compare to cash market that closed higher.
The day's champion will be positive Malaysia Sugar listing debut lead market to positive sentiment development.
Technical chart reading suggesting an upside biased market development testing support and resistance 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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