KPS Consortium may trend higher after jumping above the MYR0.61 level  in  its  latest  sessio,  albeit  marginally.  Traders  may  buy  as  a bullish bias could be present above this level, with a target price of MYR0.67,  followed  by  MYR0.70.  The  stock  may  drift  lower  if  it cannot  sustain  above  the  MYR0.61  mark.  In  this  case,  support  is anticipated  at  MYR0.55,  where  traders  can  exit  upon  a  breach  to avoid the risk of a further correction.

SLP  Resources  may  trend  higher  after  inching  above  the  MYR2.22level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR2.60,  assuming the  MYR2.41  resistance  can  be  surpassed.  The  stock  may consolidate further  if it dips back below the MYR2.22  mark. In this case,  support  is  anticipated  at  MYR2.05,  where  traders  can  exit upon a breach to avoid the risk of a further correction.

Selangor  Properties  may  trend  higher  after  jumping  above  the MYR5.57  level  in  its  latest  session.  Traders  may  buy  if  the  stock holds  above  this  level  in  the  near  term,  with  a  target  price  of MYR6.00,  followed by MYR6.40. The stock may consolidate further if it dips back below the MYR5.57 mark. In this case, further support is anticipated at MYR5.35, where traders can exit upon a breach  to avoid the risk of a further correction.

BIMB  may  experience  a  further  technical  rebound  after  inching above the MYR3.55 level in its latest session. Traders may buy if the stock holds above this level in the near term, with a target price of MYR3.70, followed by MYR3.95. The stock may consolidate further if it dips back below the MYR3.55 mark. In this case, further support is anticipated at MYR3.24, where traders can exit upon a breach.

UMW Holdings was testing the MYR7.16 level and 50-day MAV line as  it  formed  a  “Bullish  Engulfing”  pattern  in  its  latest  trade.  The stock may experience a further technical rebound if it surpasses this level,  with  a  target  price  of  MYR8.35.  On  the  other  hand,  it  may resume  consolidation  if  the  MYR7.16  mark  cannot  be  breached. Support may be found at MYR6.50, where traders can exit upon a breach.

Carlsberg Brewery Malaysia may trend higher after climbing above the MYR12.28 level in its latest session. Traders may buy if the stock sustains above the this level in the near term, with a target price of MYR13.40. The stock may  drift sideways if it cannot sustain above the  MYR12.28  mark.  In  this  case,  further  support  is  anticipated  at MYR12.00, where traders can exit upon a breach to avoid the risk of a further correction.

Source: RHB Research - 1 Mar 2016