05 May 2021 BMD

                                     LOCAL MARKET

Our trade results are posted in our FB page. Click link below to access:-
https://www.facebook.com/Futurescoin-1564520737153902/

If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.

 Click here to contact us : https://goo.gl/B6Dccf 

FKLI

FKLI closed unchanged on Tuesday as market remain stuck in its ongoing correction amid lacking of buying catalysts. Market look likely to remain stuck between the trading range of 1581.5-1598.5 level.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.

Plan A : Remain sell as long as market stays trading below 1599. Targets are 1590 and 1581.5.

Plan B : Consider buy only if market supported firmly above 1590 and rebound. Targets are 1598 and 1601.

FCPO

FCPO hovers almost the same range as yesterday but one thing to note is its firm footing above 4000-mark the first session. Soybean oil traded +0.03 at 63.61 while Ringgit stays at RM4.11 against the greenback.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.

Plan A : Long if market supported firm above 4053. Targets are 4075 and 4100.

Plan B : Short if market failed to support above 4053. Targets are 4030 and 4011. 

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com 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.