Sawasdee - Aug 23, 2017
Investment Theme: Limited upside at 1575-1580Support: 1568, 1565 Resistance: 1575, 1580
Market Strategy: Overall market sentiment turned positive with hopes that Trump will be able to move forward with his tax reform and relieved political tension. We see limited upside at 1575-1580. Watch Friday’s court ruling on the rice pledging scheme. We expect the SET to swing within the range of 1565-1580 and recommend investors reduce holdings and be selective. Today’s top picks: CK and STEC.