FKLI
FKLI Spot Month Futures (PM) - 15 Oct 2024
Tue, 15-Oct-2024 01:58 pm
by Dealing Team • Apex Futures

FKLI
Pivot
1639
Resistance
1642 / 1646 / 1650
Support
1638 / 1634 / 1631
Possible Range
1630 to 1650
Strategy
Long positions may be opened above 1641 with targets at 1646/1650 and stop-loss at 1636
Short positions may be opened below 1641 with targets at 1638/1634 and stop-loss at 1646

FKLI Oct month rose 8.5 points or 0.52% to closed higher at 1642 on midday session. Boosted by record-breaking performances in the S&P 500 and Dow Jones overnight, the FBM KLCI opened higher during early trading on Tuesday.

FKLI remain in sideway consolidation with upside bias, breaking above 1641 to 1642 could see further higher, but likely a limited gain. he immediate support and resistance levels are identified at 1638 and 1642 respectively.

(News Source: The Star)

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