Dear Traders,
Looking at the current market uncertainties, we have decided to rest for the day.
Taking a break is to restore your energy for a longer journey. So, relax, have fun today and we’ll observe the market tomorrow again.
Just a side-note, we are looking at Indo Agri for a short opportunity. Do expect a choppy session. Should we have any potential setup, we will update the blog in real time so that you can join us in action.
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Before we pen off, here’s our update on Hong Kong Market.
Our Focus is on Hong Kong Stocks
Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.
Bearish Stocks:
|
|
Name |
Entry |
SL |
TSL |
TP |
Remarks |
|
|
1 |
NWS |
NWS Holdings Ltd |
13.62 |
14.72 |
|
12.52 |
|
|
2 |
Ch Coal |
China Coal Energy |
8.13 |
8.79 |
|
7.47 |
|
|
3 |
HarbinPwr |
Harbin Power Equipment Co Ltd |
6.68 |
7.22 |
|
6.14 |
|
|
4 |
Beiji Airp |
Beijing Capital Intl Airport Co |
4.65 |
5.03 |
|
4.27 |
|
|
5 |
ND Paper |
Nine Dragons Paper Holdings Ltd |
4.53 |
4.90 |
|
4.16 |
|
|
6 |
ShangEle |
Shanghai Elec Group Co |
3.07 |
3.32 |
|
2.77 |
|
Bullish Stocks (Singapore):
|
|
Symbol |
Name |
Remarks |
|
1 |
ROTE |
Rotary Engineering Ltd |
Waiting for setup |
|
2 |
SIAT |
Singapore Airport Terminal Services Ltd |
Waiting for setup |
Quote for the day
Asian stock markets shrug off mixed lead from U.S. to post some solid gains, with technology and financial issues moving higher.
Best Regards! 🙂
