09 July 2021 BMD

                     LOCAL MARKET

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FKLI

FKLI plunged 25-points on Thursday amid lingering worries over the fluid domestic political scene and also the elevated Covid-19 infection cases.

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Plan A : Remain short as long as market stays trading below 1517. Targets are 1501.5 and 1490.

Plan B : Consider long only if market trades resiliently above 1501.5 and rebound. Targets are 1510 and 1517.

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