FBM KLCI Drop Below 1,300

Yesterday FBM KLCI is drop back below 1,300 level close at 1,299. Base on the chart beginning of March FBM KLCI rally to 1,320 level the vol was low compare to begining of the year during month of Jan when FBM KLCI rally to 1,300 level. The lower vol may show that not many retail investor join in buy into share market during FBM KLCI rally to 1,320 level so most of the big fund manager may note that since no one follow than pull back out the money and cost FBM KLCI index drop back to below 1,300 level.

Most of the share rally during the FBM KLCI broken 1,320 level last week ware drop back however for share that miss the bot during the rally they share price did not drop so this also show that not many retail investor in the market when FBM KLCI rally to 1,320 level. Sale share during the market rally and buy low when you see red sea always a good move to make money.

When FBM KLCI drop below support line 1,270 level will again be a good time to buy.

Stock Quote

KLCI Live Quotes Lookup Stock Code/Name Enter Stock Code/Name

Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

Footer

Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

Bursa Malaysia (KLSE) Daily Info Edge Zone