06 July 2021 BMD

                             LOCAL MARKET

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FKLI

FKLI once again closed little changed on Monday as investors remained on the sidelines on lack of catalysts. Market look likely to perform an identical style of trading today unless there's any fresh catalyst coming into market.

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Plan A : Remain short as long as market stays trading below 1539. Targets are 1531 and 1525.

Plan B : Consider long only if market trades resiliently above 1529 and rebound. Targets are 1537 and 1542.

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