FKLI
FKLI Spot Month Futures - 13 Mar 2026
Fri, 13-Mar-2026 09:06 am
by Dealing Team • Apex Futures

FKLI
Pivot
1685
Resistance
1686 / 1695 / 1706 / 1710
Support
1675 / 1670 / 1663 / 1654
Possible Range
1668 to 1700
Strategy
Long positions may be opened above 1686 with targets at 1695/1706 and stop-loss at 1676
Short positions may be opened below 1675 with targets at 1670/1663 and stop-loss at 1685

FKLI March month increase 8.5 points or +0.51% to closed at 1690.5 on previous session. The FBM KLCI (+0.13%) edged higher on Thursday after reversing earlier losses to close at its intraday high, as late bargain-hunting in selected index heavyweights lifted sentiment.

 

The Dow Jones index losses 739 points to close at 46677 on previous session. Stocks were under pressure on Thursday as oil prices added to their surge on supply disruption worries while the Iran war continued.

 

The active FKLI contract has formed a higher low around the 1641-1639 level, confirmed by a bullish candlestick formation. On the 30-minute chart, the price failed to break above the 1696-1698 resistance zone and encountered selling pressure from that area. The next support level is at 1675, failure to hold above this level could trigger further downside risk.

 

Intraday resistance is seen around 1686-1695 area, while support has been identified in the 1675-1670 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 1675 and 1686, respectively. 
 

(News Source: Apex Securities Research, CNBC)

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