FKLI
FKLI Spot Month Futures - 7 Apr 2026
Tue, 07-Apr-2026 08:56 am
by Dealing Team • Apex Futures

FKLI
Pivot
1693
Resistance
1688 / 1695 / 1703 / 1708
Support
1683 / 1675 / 1669 / 1660
Possible Range
1669 to 1703
Strategy
Long positions may be opened above 1688 with targets at 1695/1703 and stop-loss at 1678
Short positions may be opened below 1683 with targets at 1675/1669 and stop-loss at 1693

FKLI April month dropped 13 points or -0.76% to closed at 1687 on previous session. Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.

 

The Dow Jones index gains 165 points to close at 46669 on previous session. S&P 500 futures were little changed on Monday night as President Donald Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz approached.

 

The active FKLI contract closed with a bearish candle on yesterday showing a weak sentiment, next target might identify at 1669-1665 level. On the 30- minute chart, price was reaching the sideway bottom identifies at 1685-1683 level, it might rebound at this level or break below if market continue bearish.

 

Intraday resistance is seen around 1688-1695 area, while support has been identified in the 1683-1675 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 1698 and 1708, respectively. 
 

(News Source: The Star, Reuters)

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