FKLI Updates

16 Oct - FKLI remain Trendless

InvestorsDoctor
Publish date: Mon, 16 Oct 2017, 09:06 AM
Here we update timely info about FKLI

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16/10/2017
 
FKLI Oct 17
 
Yesterday Close: 1757 +0

 

US market up around 30pts last Friday, while Malaysia market traded in only tight range 1760 and 1754 for Tuesday and Friday. The market is lack of momentum and remain trendless.

 
Hourly chart show price move in sideway, waiting for breakout.
 
Factors to watch for Malaysia this week:
1. Unemployment rate Aug 17, 12PM, Tuesday 17 Oct
2. Inflation rate Sep 17, 12PM, Friday 20 Oct
 
Price Level to monitor today:
Resistance:     1761 1766 
Support:     1752 1745
 
Recommend Trading Plan for the day:
1. Buy 1750-1755 with stop at 1749 or
2. Sell 1760-1765 with stop at 1767
 
 
FKLI Margin Requirement (per lot)
Intraday     MYR2000
Overnight   MYR4000
Spread       MYR500
 
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