FKLI
FKLI Spot Month Futures - 24 Mar 2026
Tue, 24-Mar-2026 09:00 am
by Dealing Team • Apex Futures

FKLI
Pivot
1725
Resistance
1723 / 1733 / 1739 / 1745
Support
1716 / 1705 / 1695 / 1686
Possible Range
1695 to 1739
Strategy
Long positions may be opened above 1723 with targets at 1733/1739 and stop-loss at 1713
Short positions may be opened below 1716 with targets at 1705/1695 and stop-loss at 1726

FKLI March month losses 12.5 points or -0.72% to closed at 1719.5 on previous session. Last-minute selling dragged the FBM KLCI lower yesterday ahead of the long weekend, as escalating US-Israeli tensions with Iran rattled sentiment and lifted oil prices.

 

The Dow Jones index earn 631 points to close at 46208 on previous session. S&P 500 futures and oil futures flashed an unusual burst of activity early Monday minutes before a market-moving social media post from President Donald Trump.

 

The active FKLI contract has been facing resistance around the 1638-1639 level, while still managing to stay above SMA-50. On the 30-minute chart, price has broken below the immediate support at 1724-1723; if it fails to maintain and hold above this zone, it could open the door for a move down toward the 1700 level.

 

Intraday resistance is seen around 1723-1733 area, while support has been identified in the 1716-1705 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 1716 and 1723, respectively. 
 

(News Source: Apex Securities Research, CNBC)

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