FKLI
FKLI Spot Month Futures - 26 May 2026
Tue, 26-May-2026 10:13 am
by Dealing Team • Apex Futures

FKLI
Pivot
1719
Resistance
1722 / 1725 / 1734 / 1740
Support
1715 / 1710 / 1708 / 1700
Possible Range
1710 to 1730
Strategy
Long positions may be opened above 1725 with targets at 1730/1735 and stop-loss at 1719
Short positions may be opened below 1715 with targets at 1710/1705 and stop-loss at 1723

FKLI May month down 2.5 points or 0.15% to closed at 1716.5 in previous session. The index was flat amid strong regional market sentiment.

 

The Dow Jones index futures up 301 points to close at 50963 on current session. Stocks futures jumped on Monday night as oil prices slid and hope grew that a resolution to the U.S.-Iran war was within reach.

 

The active FKLI contract trading weaker than expected, pressing prices to low of 1711 in previous session. In daily chart, bearish candle still persists and have not shown any reversal sign around support level. The earlier 1734 which supposed to support has turned into resistant, creating selling pressure around 1725 level. If the index extends its weak bias, 1700 may be retested again and possible targeting 1680 in longer term. Immediate support and resistance levels are identified at 1710 and 1727, respectively. 
 

(News Source: The Star, Reuters)

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Market Mover
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