*FKLI* Week 31 – 2023

The week closed with a bearish candle. The MACDH form 3rd bar Above zero. Weekly ending at 1443.  The trend is bullish now.

 





On 12th July 2023, TKM v1.2 had Long July 2023 contract at 1400, CutLoss 1370, First Profit Target 1440. The MA lines continue to be the price support. We have set the trailing stop at 1420 1430 to protect our profit. If the market hits 1480, we will immediately liquidate for profit taking.

This order is still valid and holding. We have rolled the order to the August contract.

Order status: Long 6 contracts FKLI August 2023 at 1400, Trailing stop 1430, Profit target 1480.

 

FKLI Weekly Chart (Week 31 – 2023)
FKLI Weekly Chart (Week 31 – 2023)

 

FKLI Daily Chart (Week 31 – 2023)
FKLI Daily Chart (Week 31 – 2023)



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.