28/12/2017
FKLI Dec 17
Previous Close: 1776.5 +13
Please be noted Dec 17 contract will be expired by end of this Friday, traders may choose to trade Jan 18 contract. FKLI closed at another new high yesterday, show that year end rally continue.
Hourly chart's technical indicators remain bullish, but watch out for potential profit taking as RSI in overbought.
Price Level to monitor today:
Resistance : 1790 1800
Support : 1770 1762
Recommend Trading Plan for the day:
1. Buy 1778.5, stop 1772, profit 1785
2. If price retrace 1st, Buy 1771 or below, stop 1761, profit 10pts.
FKLI Margin Requirement
Intraday MYR 1750
Overnight MYR 3500
Spread MYR 500
Disclaimer: Idea for sharing purpose, trade at your own risk.