Maybank IB Views
Thursday, April 7, 2011
Technicals
The FBM KLCI closed for the 3rd consecutive day by 0.18 points to 1,552.89 yesterday. Its resistance areas of 1,553 and 1,570 will cap market gains, whilst the obvious support areas are located at 1,530 and 1,551.
Trading idea for today is a Buy call on BOXPAX.
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