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FKLI Technical Analysis - 26 Mar 2009

Friday, March 27, 2009

FKLI traded higher closing 2.5points higher @ 887 with higher trading volume of 11869 lots transacted. 


Bollinger Band width slightly contracted but candle ramain above middle BB band. MACD performing a golden cross indicating bullish signal ahead. With further push up from participation/volume, further upside can be seen.


Support @ middle BB band 864 with resistance @ upper BB band 899.
Intraday support @ 876, 872, 868 while resistance @ 899, 903, 907

HAPPY TRADING!!

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