21/12/2017
FKLI Dec 17
Previous Close: 1745 +5.5
Index reversed losses from previous session to close above 1740 as price recovering from index banking stocks. However, index sold down from high at above 1750 during yesterday.
Hourly chart's technical indicators are moving lower, signaled that index may test support 1st.
Price Level to monitor today:
Resistance : 1755 1760
Support : 1737.5 1732.5
Recommend Trading Plan for the day:
1. If price test support 1st, buy 1741 or below, stop 1736, profit 5pts or above.
2. Sell 1750 or above, stop 1756, profit 6pts or above.
FKLI Margin Requirement
Intraday MYR 1750
Overnight MYR 3500
Spread MYR 500
Disclaimer: Idea for sharing purpose, trade at your own risk.