27/11/2017
FKLI Nov 17
Previous Close: 1716 -2
Msia stock market continue to close lower after released inflation rate Oct 17 below forecast and caused by weak buying support of index stocks.
Daily chart show technical indicators more to bearish, with close below 1711 previous low will trigger further sell signal.
Price Level to monitor today:
Resistance :1728
Support :1711 1705
Recommend Trading Plan for the day:
1. Trade in range 1711-1728, with 5 points profit & loss.
2. If expect 1711 support can sustain, buy 1715 or below, stop 1710/1709, profit 5 points.
FKLI Margin Requirement
Intraday MYR 1750
Overnight MYR 3500
Spread MYR 500
Disclaimer: Idea for sharing purpose, trade at your own risk.