FKLI
FKLI Spot Month Futures (PM) - 1 August 2024
Thu, 01-Aug-2024 01:47 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1629
Resistance
1631 / 1634 / 1637
Support
1627 / 1624 / 1621
Possible Range
1620 to 1635
Strategy
Long positions may be opened above 1627 with targets at 1631/1634 and stop-loss at 1622
Short positions may be opened below 1627 with targets at 1624/1621 and stop-loss at 1632

FKLI Aug month down 1 point or 0.06% to closed slightly lower at 1628 on midday session. The FBM KLCI fell in early trade Thursday as investors took profits, following a sharp rise in the previous session.

The FKLI likely to remain supported and could trading in upside bias. The immediate support and resistance levels are identified at 1627 and 1631, respectively.

(News Source: Reuters)

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