Sunday, 11 December 2011

12th December 2011, Weekly Market Outlook

Summary


For detail, please click here.



Stock
Futures
FKLI
FCPO
Today Strategy & Stock Pick

For Risk Taker Stock:
-
Risk Taker:
Take intraday or short term long position (range: 1450 – 1490)
Risk Averse:
Take intraday long position (range: 1550 – 1490).
Risk Taker:
Remain intraday trading until a clear direction being shown. (Range: 3040 – 3130)
Risk Averse:
Remain intraday trading until a clear direction being shown. (Range: 3040 – 3130)
For Risk Averse Stock:
-
Stop Loss
-
Risk Taker:
-
Risk Averse:
-
Risk Taker:
-
Risk Averse:
-
Market Direction
KLCI: Range Trading.
Range trading.
Hovering around the SMA 30.
Support & Resistance level

 KLCI:
S1: 1453
S2: 1424
R1: 1467
R2: 1487
Support:
S1: 1446; S2: 1430
Support:
S1: 3040; S2: 3000
Resistance:
R1: 1458; R2: 1482
Resistance:
R1: 3100; R2: 3130
Initial Margin
 -
RM5000
RM6000

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