24/10/2017
FKLI Oct 17
Yesterday Close: 1736 -5.5
Malaysia index traded in tight range yesterday, waiting for more catalyst to breakout. As end of month approaching, traders may begin to trade Nov 17.
Based on hourly chart analysis, Index may trigger a rebound signal if it can close daily above 1743 (upper band of BB), as it will move up BB curve. Sell signal will trigger if break below 1736.
Price Level to monitor today:
Resistance: 1743 1753
Support: 1736 1727
Recommend Trading Plan for the day:
1. Buy at higher high 1743.5 with stop at 1735.5, profit 1752
2. Sell at lower low 1735.5 with stop at 1743.5, profit 1727
FKLI Margin Requirement (per lot)
Intraday MYR2000
Overnight MYR4000
Spread MYR500
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tecpower
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2017-10-24 08:52