Tuesday, 12 March 2013

Analysis on KLCI and FCPO for 13/03/2013

KLCI
The stock market upside momentum is reducing and sign of distribution is taking place. Market will likely be volatile in coming days and turn unexpectedly. Traders please be alert and trade cautiously.

Traders can monitor below stocks for short term trade:

1. Dayang
2. Kseng
3. HDBS
4. IBHD
5. Naim
6. Oldtown
7. Pwroot
8. Cresndo
9. Tnlogis
10. Tuneins
11. Perdana
12. Penergy
13. Padini
14. Annjoo
15. Scientx

FCPO

For 13/03/2012, if price can break above 2442, may look for long entry, or else, still favour short.

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