Pages

Showing posts with label Aug 18-2010. Show all posts
Showing posts with label Aug 18-2010. Show all posts

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!!!