FKLI hold well throughout last Friday's trading after an opening scare of 1835.5. Market traded above 1847 for most of the time before closing at day's high level of 1852
Plan A : Attempt buying if market continue to hold firm above 1851
Plan B : Cut below 1847
Plan C : Consider intraday selling only if market surges but fails to break above 1863.5
Plan D : Cut above 1867
FCPO
FCPO failed to breach the high of 2700 and tumble down to the low of 2623 since Thursday. Competitive substituents are lying at negative zones which could result in gap down during opening.
Plan A : Overnight seller may hold on to position. Resistance at 2660 and target is 2599.
Plan B : Intraday investor could buy if 2623 is supported. Target is 2660. Place a stop.
Plan C : Fresh seller may sell if 2660 not broken. Target is 2620.
Plan D : Above 2670, do nothing.
Plan E : Below 2590, do nothing.
*Disclaimer: This information is intended to assist professional investors. 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
0 comments:
Post a Comment