Stock Watch Alerts for 24.9.2010

The KLCI close lower at 1458.08 down 16.67 points as investors took profit. The market remain overbought and a correction is due. Be cautious and take profit where possible.

Stocks 1 - 5 are overbought.

Stock Close Support Resistance

1. AIRASIA 2.17 2.12 2.17
2. BURSA 8.12 8.05 8.23
3. MLAB 0.105 0.105 0.11
4. SPSETIA-WB 0.63 0.595 0.64
5. SPSETIA 4.56 4.49 4.56
6. BOLTON 1.02 0.975 1.04
7. MUIIND 0.165 0.16 0.17
8. KNM 0.47 0.465 0.475
9. SCOMI-WA 0.195 0.195 0.20
10. IFCAMSC 0.15 0.15 0.155
11. JETSON-WA 0.655 0.585 0.77
12. JETSON 1.19 1.14 1.29

TAN