![](/files/my/blog/img/bl3936_fkli231118.png)
23/11/2018
*FKLI Nov 18*
Previous Close: 1692 -1
FKLI traded in flat yesterday but unable to sustain above 1700 despite foreign fund buying. US stock market closed for holiday, FKLI likely to continue move in range. Watch out for Msia inflation rate today on 12pm.
Daily chart showed FKLI formed 2 days of near doji, suggested indecisive market, trend may enter sideway in short term. Hourly chart forming a triangle pattern, wait for breakout.
*Classic Support & Resistance*
Resistance: 1713 1729
Support: 1665.5 1655
*Recommend Trading Plan for the day:*
1. Trade in range 1680-1710.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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