FKLI
FKLI Spot Month Futures - 09 Mar 2026
Mon, 09-Mar-2026 08:58 am
by Dealing Team • Apex Futures

FKLI
Pivot
1691.5
Resistance
1697 / 1706 / 1716 / 1720
Support
1684 / 1671 / 1663 / 1655
Possible Range
1671 to 1706
Strategy
Long positions may be opened above 1697 with targets at 1706/1716 and stop-loss at 1687
Short positions may be opened below 1684 with targets at 1671/1663 and stop-loss at 1694

FKLI March month losses 6.5 points or -0.38% to closed at 1690.5 on previous night session. The FBM KLCI gained (+0.28%) on Friday, extending its rebound for a second consecutive session as bargain-hunting emerged following earlier weakness during the week. 

The Dow Jones index dropped 453 points to close at 47501 on previous session. Dow futures tumble 800 points as U.S. oil tops $100 a barrel to begin the week’s trading. 

The active FKLI contract break below the SMA-50 while get support by 1669 1702 area. On the 30-minute chart, prices ongoing sideway between the range 1663-1696. Traders should monitor closely for a breakout either above 1697 or below 1663, as this could determine the next directional move. A break above 1697 could open the door for further upside momentum, while a drop below 1663 could trigger a broader market decline. 

Intraday resistance is seen around 1697-1706 area, while support has been identified in the 1684-1671 area. Overall, traders are advised to remain cautious and wait for a clear direction before entering new positions. The immediate key support and resistance levels are identified at 1684 and 1697, respectively.

(News Source: Apex Securities Research, CNBC)

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