Analysis on KLCI and FCPO for 01/03/2013

KLCI

As expected earlier, the klci break above 1630, there should be profit taking around this level, resistant is at 1640. Traders can monitor below stocks for short term trade:

1. Airasia
2. Genm
3. DKSH
4. Takaful
5. MKH
6. Gamuda
7. Timecom
8. Dayang
9. Tnlogis
10. Gtronic
11. Mahsing
12. Pos
13. Huayang
14. Deleum

FCPO
As expected, 28/02/2012 hit the low of 2368. Anywhere, 01/03/2012 might have technical rebound, Overall trend is still bearish, can short at high side.