TRADING BUY :

1-    DOLMITE (5835) – Rebound Trading Consideration

As of 21 January 2016, DOLMITE has been on a strong uptrend as suggested by the upward sloping 20-Day and 50-Day Moving Averages. Furthermore, the next resistance level is quite far at 0.61 with  the next resistance at 0.635. Support is pegged at 0.525. Cut loss 0.495

2-    BIG (7005) – Rebound Trading Consideration

The support and resistance level of BIG are 0.635 and 0.79 respectively. It is observed that the MACD line of BIG is above the centreline indicating some degree of strength in the price movement. Cut loss 0.615.

3-    SEDANIA – Rebound Trading Consideration

Sedania has achieved a resistance breakout at 0.475 today reinforcing the bullishness in today’s price movement. Ideally this price breakout of 0.475 level should come with increased volume. Monitor for volume build up to reaffirm the bulishness to break the resistance 0.505.

4-    EDUSPEC (0107)

EDUSPEC has tested the support of 0.30. It is important to monitor the price volume action near this 0.30 level to determine whether the rebound is sustainable.

COLLECTION COUNTERS ( HOLD  1 WEEK TO 3 MONTHS)

HAPPY TRADING & GOOD LUCK

BURSAMASTER

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