FKLI Updates
21 Nov - KLCI Futures In Range
InvestorsDoctor
Publish date: Tue, 21 Nov 2017, 08:34 AM
InvestorsDoctor
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Here we update timely info about FKLI
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21/11/2017
FKLI Nov 17
Previous Close: 1713
US Stocks rose on Monday while the technology led the gains in S&P 500 and Nasdaq. Stocks like Verizon boosted the telecom sectors with analyst highlighted the valuation. Meanwhile, SGX Nikkei rise 250 points with weaker Yen as Yellen resigned from Fed.
In the FKLI chart, the market moving In a range for 3 days between 1720.5 to 1711. As RSI also highlighted this range. Further violation of this range could see trend from either side.
Price Level to monitor today:
Resistance :1720.5 1726.5
Support :1711 1705
Recommend Trading Plan for the day:
1. Buy near 1711, target 1720 with 4 point stop
2. Sell near 1720, target 1711 with 4 point stop
FKLI Margin Requirement
Intraday MYR 1750
Overnight MYR 3500
Disclaimer: Idea for sharing purpose, trade at your own risk.
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