FKLI
FKLI Spot Month Futures (PM) - 25 June 2024
Tue, 25-Jun-2024 01:39 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1592
Resistance
1594 / 1597 / 1600
Support
1587 / 1584 / 1580
Possible Range
1575 to 1610
Strategy
Long positions may be opened above 1590 with targets at 1594/1597 and stop-loss at 1585
Short positions may be opened below 1590 with targets at 1587/1584 and stop-loss at 1595

FKLI June month down 0.5 point or 0.03% at 1590.5 closed moderately lower at midday. The FBM KLCI edged slightly into the red at midday following a volatile session ahead of a crucial US inflation report.

The FKLI likely to remain in downside bias. The immediate support and resistance levels are identified at 1587 and 1594, respectively.

(News Source: The Star)

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