Saturday, November 6, 2021

08 November 2021 BMD

                             LOCAL MARKET


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FKLI 

FKLI finished a tad lower on Friday as investors still feeling the after effect of Budget 2022. 

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Plan A : Remain sell as long as market stays below 1544. Targets are 1524 and 1509.

Plan B : Consider long if market supports firmly above 1527 and rebounds. Targets are 1534 and 1549.




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, mining.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.    




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