FKLI

FKLI plunged down yesterday due to the big turmoil stirred between U.S. with Russia and Turkey, the market did not even have a chance to stay above 1800's as it opened at 1797.5 and straightaway tumbled down to 1780's within the first 30 minutes of trading session. The market could have rebound a little today as the fall was too huge yesterday, hence traders are advised to enter at the right level today by observing the market movement.

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Plan A : Attempt long if market declines but supported well above 1761; targets at 1766 and 1772.

Plan B : Cut below 1756.

Plan C :  Attempt short if market rebounds but fails to breka above 1785. Targets are 1780 and 1775.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.