FKLI
FKLI Spot Month Futures - 26 Mar 2026
Thu, 26-Mar-2026 08:44 am
by Dealing Team • Apex Futures

FKLI
Pivot
1712
Resistance
1723 / 1733 / 1738 / 1745
Support
1710 / 1703 / 1695 / 1686
Possible Range
1695 to 1733
Strategy
Long positions may be opened above 1723 with targets at 1733/1738 and stop-loss at 1713
Short positions may be opened below 1710 with targets at 1703/1695 and stop-loss at 1720

FKLI March month gains 11 points or +0.65% to closed at 1716 on previous session. The FBMKLCI rebounded 0.46% to close higher on Wednesday, in line with regional markets, as overall market sentiment was boosted by the possibility of a US-drafted ceasefire proposal involving Iran.

 

The Dow Jones index earns 305 points to close at 46429 on previous session. Stocks jumped on Wednesday as oil prices pulled back and traders hoped the U.S. and Iran could reach an agreement for a ceasefire.

 

The active FKLI contract bounded back to the daily immediate support level which identifies at 1714-1713 level which engulf half of the pervious bearish candle, indicating upward momentum still alive. On the 30-minute chart, the price fails to break 1723-1724 resistance with twice rejection from the level, downside risk would be 1710-1709 level, fail to hold might trigger market down.

 

Intraday resistance is seen around 1723-1733 area, while support has been identified in the 1710-1703 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 1710 and 1723, respectively. 
 

(News Source: Apex Securities Research, CNBC)

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