Last Done: RM7.64
Overall uptrend remains intact with immediate reliable support level is seen at RM7.50 level (SMA 200). Those who have accumulated position previously can hold on to your position and ride on this uptrend with the next tough resistance is only being seen at RM8.00.
Immediate support is seen at RM7.55 level, followed by RM7.10 level and immediate resistance is seen at RM8 level, followed by RM8.50 level.
FKLI
So long as the above level is well defended, the overall uptrend remains intact as the index is staying above the SMA 20 and the uptrend line (in green). Investors should closely monitor on this level and take it as a reference level for any position initiation.
Immediate support is seen at 1570 level (SMA 20), followed by 1550 level and immediate resistance is seen at 1600 level, followed by 1630 level.
Immediate Support – 3362 Level!
Immediate important support level is seen at 3362 level (Fibonacci level of 50%) and this should be the reference level for investors to initiate fresh position. If this level is well defended, those who yet to initiate any position can take a risk and initiate position around this level with stop loss being placed around 3345 level.
Immediate support is seen at 3362 level, followed by 3300 level and immediate resistance is seen at 3400 level, followed by 3500 level.
Disclaimer:
The information herein was obtained or derived from the source that I believed are reliable. No liability can be accepted for any loss that may arise from the use of this report. All opinions and estimates included in this report constitute my judgment as of this date, not an invitation to buy and are subject to change without further notice.
No comments:
Post a Comment