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Monday, September 29, 2014

一天中的库存 : MGM China




Recommendation : Buy
Target :  24.40 & 25.40
Recommended Price : 23.40
Stop Loss:  22.90

STOCK SUMMARY:-
Major trend of stock is sideways on chart. It has  traded in short term down trend in last few trading session. Now It has been showing a good accumulation at bottom with good volume. Now it is facing resistance  at 23.40.  We recommend the stock to buy the stock if it crosses its resistance of 23.40. One can keep the stop loss of its previous significance low of 22.90  and stock is likely move north ward in upcoming session and targets of 24.40 & 25.40 can be seen in short term, 

CHART FORMATION:- 
Stock was forming descending  channel with the resistance of 50 DMA on hourly chart and now it has give upside breakout from its upper resistance line and likely to show northward movement in upcoming session as it is forming inverse head and shoulder. 



INDICATORS:-
MACD Line is likely to cross its single line, which can bring upward momentum in the stock.
RSI is also trading above 50 mark on daily charts and showing conversion with prize trend.
On ADX positive DI Placed above negative DI and ADX is about to give breakout from 25 mark.

Hang Seng Stock Market Update

Hang Seng Stock Market update


Hong Kong stocks sank 1.18 per cent in opening exchanges on Monday following a weekend of unrest as pro-democracy demonstrators clashed with police in the financial hub. The Hang Seng Index fell 278.90 points to 23,399.51.
Index is likely to move further down in upcoming session as it breached support of 23500 and closed below the same. Now it can test next support of 23200 and MACDs appeared bearish gap again, showing that momentum still would be down side. For resistance, year high of 23700 become first resistance, while next resistance would be seen at 24,000.


TOP GAINERS
Name
Closing
% Change
CHINA SHENHUA
21.800
0.23%


TOP LOSER
Name
Closing
% Change
NEW WORLD DEV
9.190
-4.57%
SINO LAND
11.920
-4.49%
WHARF HOLDINGS
55.200
-3.75%
CHINA RES POWER
21.900
-3.74%
CHEUNG KONG
129.700
-3.71%

Most Active Volume
Name
Closing
% Change
BANK OF CHINA
3.530
508.16M
ICBC
4.910
395.91M
CCB
5.520
295.89M
SINOPEC CORP
6.860
132.53M
PETROCHINA
10.100
84.38

Most Active Turnover
Name
Closing
% Change
TENCENT
115.600
3.74B
HKEX
169.700
3.61B
HSBC HOLDINGS
80.700
2.17B
CHINA MOBILE
92.550
2.13B
ICBC
4.910
1.95B

Wednesday, September 10, 2014

一天中的库存 : King board Chemical




Recommendation Buy

Target : 17.50 & 18.50

Recommended Price : 16.50

Stop Loss: 15.90

STOCK SUMMARY:-

Major trend of is bullish on chart. It has been trading with higher top and higher bottom formation. It has shown a small correction from significance high now it is facing resistance at 16.50. We recommend the stock to buy the stock if it crosses its resistance of 16.50. One can keep the stop loss of its previous significance low of 16 and stock is likely continue north ward movement in upcoming session and targets of 17.50 & 18.50 can be seen in short term, 15.90 on hourly chart can act at stop loss.

CHART FORMATION:-

Stock is forming ascending triangle with the support of 200 DMA on hourly chart and 50 DMA placed above 200 DMA and expanding of golden cross showing that momentum in the stock may remain positive and likely to show northward movement with expanding of bullish gap and the breakout of upper resistance level.

INDICATORS:-

MACD Line is likely to cross its single line, which can bring upward momentum in the stock.


Hong Kong Stock market overview





Market Overview:-

Hong Kong stocks fell, with equity benchmark dropping the most since February, amid concern the Federal Reserve may raise rates sooner than anticipated. 


The Hang Seng Index slid 1.9 percent to 24,705.36 at the close in Hong Kong.Volume on the measure was 15 percent higher than the 30-day average. 

The Hang Seng China Enterprises Index, also sank 2.6 percent to 11,117.89.
MACDs appeared bearish gap again, showing that momentum was still would be downside. 

The Hang Seng Index is expected to slide further down side till the level of 24500 which is the strong support. 

Hang Seng index first support would be 10DMA (24,585), while next support would be 24,000. For resistance, year high of 25,000 become first resistance, while next resistance would be seen at 25,250.

Monday, September 8, 2014

USD beats Forex market pairs


US dollars recovered from the fall inflicted by negative job data report of August bringing its levels up in the basket of world currencies. Among the major forex currency pairs, USD rose breaking lowest level against Great British Pound (GBP), in comparison to Euros forex trading showed mixed results, and USD strengthened in its pairing with Japanese Yen (JPY), Australian dollar (AUD) and Indian Rupee (INR).

EUR/USD
At first sight, the pair neared almost breaking its resistance level at 1.2900 but failed as USD gained momentum again. The pair is recording a fall-down in forex trading in short-term analysis which is likely to continue in the week ahead. If the pair is able to break over 1.2900 level then a move away from bears towards bulls might come in picture.

Trading level for the day are ranging between 1.2864, 1.2833 and 1.2785 holding resistance level at 1.2943, 1.2991 and 1.3022 respectively marking the central point t 1.2912.

GBP/USD
Sterling is slipping on the tide of Scotland's independence and with rising dollars the forex pair GBP/USD broke its lowest support zone marked at 1.6103/00. GBP/USD moved in a medium demanding area retaining its fall at 1.6080 level. Forex traders feared outcome of independent Scotland, majority expected a fall down in GBP and therefore sold off their British holdings and currency faster than the glimpse of Scotland's separation from United Kingdom.

Tuesday trading levels for the forex pair are moving between 1.6057, 1.6010 and 1.5921 facing resistance at 1.6193, 1.6282 and 1.6329 respectively. Benchmarked point for the day marking the pivotal circle is hovering at 1.6146.

AUD/USD
Aussie with surge in US dollars moved a tag below coming to 0.9273 correcting its previous 0.9280 level. Similar trading level is citing today with a support point marked between 0.9240 and 0.9260.

USD/JPY
US dollar began their star performances from Japan as it broke prior levels around 104 surging to 106.29 on Tuesday. The pair is making highlights as it marks the highest level reached by the currency in 6 years, i.e. last records in October 2008.

The level of trading marked by forex researchers is nearing 105.69 stability point with low bells at 105.28, 104.52 and 104.11 with high pointers set at 106.45, 106.86 and 107.62 respectively. USD/JPY is running the bulls in forex trade and is likely to continue the trend for the coming week.

USD/INR
Indian Rupee held up its levels around 60.44/45 lowered from its previous close at 60.29/30 as US dollar gains 0.27 percent in the basket of major currency trading. Forex pairing is citing dealing between 60.20 and 60.60 in a narrow range bounds for today. Most Asian currencies are likely to follow the same trend as they opened losing on similar levels.  

Friday, September 5, 2014

涨幅居前和香港股市的最大跌幅


Market Overview:-

The Hang Seng Index eased 57.77 points to 25,240.15 on turnover of HK$83.96 billion (R117 billion).

MACDs appeared bearish gap again, showing that momentum was still weak. The Hang Seng Index is expected to trade at 24500 to 25000. Hang Seng index first support would be 10DMA (24,585), while next support would be 24,000. For resistance, year high of 25,243 become first resistance, while next resistance would be seen at 25,500.


TOP GAINERS
Name
Closing
% Change
MENGNIU DAIRY
37.050
2.77%
NEW WORLD DEV
10.320
2.18%
MTR CORPORATION
31.950
0.95%
BANK OF CHINA
3.740
0.81%
CHINA SHENHUA
23.450
0.64%

TOP LOSER
Name
Closing
% Change
HANG LUNG PPT
25.300
-2.32%
CITIC
14.880
-2.10%
BELLE INT'L
10.120
-1.94%
GALAXY ENT
56.650
-1.39%
HK & CHINA GAS
17.980
-1.32%

Most Active Volume
Name
Closing
% Change
ICBC
5.330
499.41M
BANK OF CHINA
3.740
439.69M
CCB
5.950
319.19M
CITIC
14.880
131.21M
PETROCHINA
11.480
95.84M

Most Active Turnover
Name
Closing
% Change
ICBC
5.330
2.65B
HSBC HOLDINGS
83.600
2.60B
CITIC
14.880
1.96B
CCB
5.950
1.89B
CHINA MOBILE
100.200
1.64B

Tuesday, September 2, 2014

一天中的库存 : New World development



Stock pick of the day

Recommendation Buy

Target : 10.600 & 11.400

Recommended Price : 9.95

Stop Loss: 9.60

STOCK SUMMARY:-

Major trend of is bullish on chart. It has been trading with higher 
top and higher bottom formation with positive biasness now it is 
facing resistance of 9.95. We recommend the stock to buy the 
stock if it crosses its resistance mark of 9.95. One can keep the 
stop loss of its previous significance low of 9.50 and stock is likely 
continue north ward movement in upcoming session and targets of 
10.60 & 11.40 can be seen in short term, while support of 200 
DMA at 9.60 on hourly chart can act at stop loss.



CHART FORMATION:-

Stock is forming ascending triangle with the support of 200 DMA 
on hourly chart and 50 DMA placed above 200 DMA and 
expanding of golden cross showing that momentum in the stock 
may remain positive and likely to show northward movement with 
expanding of bullish gap and the breakout of upper resistance 
level.

INDICATORS:-

MACD Line is likely to cross its single line, which can bring 
upward momentum in the stock. 

RSI is also trading above 50 mark on daily charts and showing 
conversion with prize trend.

On ADX positive DI Placed above negative DI and ADX is about 
to give breakout from 25 mark.


涨幅居前和香港股市的最大跌幅

Top Gainers and losers of Hong Kong Stock Market

TOP GAINERS
Name
Closing
% Change
CHINA UNICOM
14.140
4.12%
BELLE INT'L
10.300
3.00%
SINO LAND
13.920
2.20%
CHINA MOBILE
98.000
2.14%
HK & CHINA GAS
18.000
1.92%




TOP LOSER
Name
Closing
% Change
CNOOC
15.460
-1.15%
MTR CORPORATION
30.900
-1.12%
MENGNIU DAIRY
35.500
-1.11%
LENOVO GROUP
12.140
-0.98%
SINOPEC CORP
7.820
-0.89%

Most Active Volume
Name
Closing
% Change
BANK OF CHINA
3.590
304.73M
ICBC
5.050
275.76M
CCB
5.680
207.62M
CITIC
15.000
193.04M
SINOPEC CORP
7.820
88.78M

Most Active Turnover
Name
Closing
% Change
CITIC
15.000
2.91B
CHINA MOBILE
98.000
1.80B
TENCENT
125.700
1.62B
ICBC
5.050
1.39B
CCB
5.680
1.18B

Hong Kong 现货市场综述

Hong Kong Market overview


Most Hong Kong stocks rose as mobile carriers led the advance. . The benchmark Hang Seng Index closed little changed at 24,749.02.

Hong Kong stock market maintained its upward momentum and Hang Seng index saw the year high of 25,243, however the MACDs appeared bearish gap again, showing that momentum was still weak.

The Hang Seng Index is expected to trade at 24500 to 25000. Hang Seng index first support would be 10DMA (24,585), while next support would be 24,000.

For resistance, year high of 25,243 become first resistance, while next resistance would be seen at 25,500.








Monday, September 1, 2014

Stock Pick for the day: Belle Int'l



Recommendation Buy

Target : 10.50 & 11

Recommended Price : 10

Stop Loss: 9.75

STOCK SUMMARY:-
Major trend of is bullish on chart. It has been trading with higher top and higher bottom formation with positive biasness. We recommend the stock to buy at current level of 10 with stop loss of its previous significance low of 9.75 and stock is likely continue north ward movement in upcoming session. One can initiate long position in the stock and can expect the targets of 10.50 & 11 in short term, while support of 50 DMA at 9.75 on hourly chart can act at stop loss.

CHART FORMATION:-
Stock is forming higher top and higher bottom and appearance of golden cross showing that momentum in the stock may remain positive and likely to show northward movement with expanding of bullish gap and the breakout of upper resistance level.

INDICATORS:-
MACD Line is likely to cross its single line, which can bring upward momentum in the stock.
RSI is also trading above 50 mark on daily charts and showing conversion with prize trend. On ADX positive DI Placed above negative DI and ADX is about to give breakout from 25 mark.


涨幅居前和香港股市的最大跌幅

涨幅居前和香港股市的最大跌幅


TOP GAINERS
Name
Closing
% Change
MENGNIU DAIRY
36.550
1.67%
LENOVO GROUP
11.980
1.18%
CHINA SHENHUA
22.550
0.90%
CLP HOLDINGS
66.000
0.61%
CNOOC
15.660
0.51%


TOP LOSER
Name
Closing
% Change
SANDS CHINA LTD
49.950
-1.09%
GALAXY ENT
57.85
-0.94%
CITIC
14.940
-0.93%
SINOPEC CORP
7.790
-0.89%
BANKCOMM
5.610
-0.88%
Most Active Volume
Name
Closing
% Change
BELLE INT'L
9.910
16.15M
CCB
5.740
12.89M
BANK OF CHINA
3.600
12.54M
ICBC
5.110
10.21M
CNOOC
15.660
5.08M
Most Active Turnover
Name
Closing
% Change
BELLE INT'L
9.910
16.15M
CCB
5.740
12.89M
BANK OF CHINA
3.600
12.54M
ICBC
5.110
10.21M
CNOOC
15.660
5.08M

Hong Kong stock market overview




Hong Kong’s benchmark index rose as weaker-than-expected China manufacturing fueled stimulus bets.

The Hang Seng Index (HSI) climbed less than 0.1 percent to 24,752.09 in Hong Kong after falling as much as 0.2 percent.

Hong Kong stock market maintained its upward momentum and Hang Seng index saw the year high of 25,243, however the MACDs appeared bearish gap again, showing that momentum was still weak.

The Hang Seng Index is expected to trade at 24500 to 25000. Hang Seng index first support would be 10DMA (24,585), while next support would be 24,000.

For resistance, year high of 25,243 become first resistance, while next resistance would be seen at 25,500.