Wednesday, August 16, 2023

17 Aug 2023 BMD

 LOCAL MARKET


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FKLI

FBM KLCI gained 3.23 points or 0.22% to 1463.51 points. Following the state elections which saw status quo, the FBM KLCI could remain sideways below the resistance of 1465 points.

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Plan A : Consider short if the market stays below 1465. Targets are 1459 and 1453.


Plan B : Attempt long if the market stays above 1465. Targets are 1469 and 1473







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