Pages

Tuesday 17 August 2010

CT Stock List

After recommending ASII last day, we saw that the last minutes of trading, ASII finally closed its lower gaps at 47650-47800 & it closed at 48300 which means it went up 500-650 points at the closing minutes.

This shows a very positive move of ASII itself. Although MFI is showing a bit negative, but still the other indicator is showing positive & yet ASII is above 48000 level which is a strong support of it. Rating & target is still the same.

Additional pick is Bank Danamon (BDMN.JK, BDMN:IJ)
After it was defending at 5250 level, which is a strong support of it It formed a nice candle of White Marubozu engulfing the last two candle. Yet, indicators are positive & it is look like that it is waving upward again.
Rating: Buy; Entry: 5250-5300; TP: 5500-5650, SL: 5075-5100

Happy Investing^^
Disclaimer ON!!!