Daily Market Outlook

Daily Market Outlook for the world and local financial update

Home  >  Daily Market Outlook

Sawasdee -Mar 27, 2017

Investment Theme: Made it past 1573, going upSupport: 1565, 1560 Resistance: 1580, 1585

Market Strategy: The SET tested resistance at 1573, while S-T support stays at 1565 and resistances stay at 1580-1585. Banks’ 1Q17 earnings previews should be positive to the SET, and window dressing is unlikely this quarter. Medium to long-term investors can sell holdings around 1600, while speculators should taper speculative activity if the SET falls below 1565. Today’s top picks are INTUCH and KBANK.