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WEEKLY OUTLOOK MARKET [16-JAN/20-JAN 2017 ]

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Weekly Outlook Market 27-OCT-17

The benchmark Straits Times Index continued the uptrend and went higher by 45.71 points or 1.37%
last week. STI opened higher at 3348.66 and ended at the weekly high of 3386.44 and weekly low was
3327.18. Market has showing some strength above 3300 level, but some resistance can be seen
around 3400 level so the market can be sluggish in this week.

Projection

Market has remained positive since four weeks. A continue rally has been seen from 3300, in which
most the valuable stocks has risen. Now some profit booking can be seen around 3400 level.
Expectation

Market can test 3400 in this week, which is a very strong resistance for it. Fresh buying can only be
seen above 3400 level otherwise it can become range bound for the week. The strategy of buy on dips
is continued to follow for this week too. On the downside 3350 can act as the good support level.

Technical

Name Parameter (Days) Position


RSI 14 68.01
MACD 12,26,9 46.88, 41.7, 5.18

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The contents of this pdf together with any data are intended only for the use of the individual or entity & may contain information that is legally
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Weeks Top Active
Counters LTP Range Volume
Rowsley 0.130 0.134-0.128 369362200
Jiutian Chemical 0.052 0.055-0.040 340773600
Disa 0.014 0.015-0.011 185239100
Nico Steel 0.007 0.012-0.006 175077000
Genting Sing 1.245 1.26-1.19 128374100

Weeks Top 5 Value Traded


Counters LTP Range Turnover
DBS 22.68 22.68-21.75 539138587
SingTel 3.79 3.80-3.72 293250077
Global Logistic 3.32 3.33-3.29 286805918
Keppel Corp 7.46 7.48-7.33 231733767
OCBC Bank 11.80 11.80-11.41 214467519

Weeks Top Losers


Counters LTP Range Change
JSH USD 42.25 43.7-41.89 -1.37
JMH USD 65.12 67-64.29 -0.910
Jardine C&C 39.75 40.7-39.45 -0.400
HongkongLand USD 7.35 7.67-7.32 -0.280

Weeks Top Gainers


Counters LTP Range Change
DBS 22.68 22.68-21.75 +0.840
UOB 25 25-24.25 +0.710
Delong 3.95 4.28-3.33 +0.710
Koda 0.918 0.930-0.638 +0.287

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The contents of this pdf together with any data are intended only for the use of the individual or entity & may contain information that is legally
privileged, confidential, and exempt from disclosure. If you are not the intended recipient, you are hereby notified that any dissemination,
distribution, or copying of this pdf, or any data is strictly prohibited.
Recommendation
Stocks Strategy Entry Target Target 2 StopLoss

Jiutian Chemical Long 0.057 0.062 0.067 0.051

Miyoshi Long 0.085 0.090 0.095 0.079

Net Pacific Fin Long 0.054 0.059 0.064 0.049

AEM Long 3.10 3.30 3.50 2.90

Lian Bang Long 0.810 0.850 0.890 0.765

Performance of Previous Week


Date Stocks Strategy Entry Target StopLoss Remark

Target Done
23-Oct-17 HI-P Long 1.71 1.85 1.63

Target Done
24-Oct-17 Heeton Long 0.575 0.600 0.550

Target Done
25-Oct-17 Hong Leong Asia Long 1.145 1.21 1.095

Target Done
26-Oct-17 UMS Long 0.985 1.055 0.945

Open
27-Oct-17 Lian Bang Long 0.815 0.875 0.780

www.MMFSolutions.sg | Skype: mmfsolutionsg | Contact: +65-3158-2180


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The contents of this pdf together with any data are intended only for the use of the individual or entity & may contain information that is legally
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www.MMFSolutions.sg | Skype: mmfsolutionsg | Contact: +65-3158-2180


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The contents of this pdf together with any data are intended only for the use of the individual or entity & may contain information that is legally
privileged, confidential, and exempt from disclosure. If you are not the intended recipient, you are hereby notified that any dissemination,
distribution, or copying of this pdf, or any data is strictly prohibited.

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