TUEADAY 11/10/2016

Dear Traders,

KLCI is at 1665.32 while the Djia is currently bullish at 18,355.78

Russia’s Prime Minister, Putin says Russia is ready to Join OPEC effort to limit oil supply.
Todays focus are mainly on chicken stocks and Oil and Gas Stocks, maybe some export counters.

Market Ideas for Tuesday , 11/10/2016:

Oil and Gas:
Skpetrol : Will gap up 1.65, cut loss 1.61.

Skpetrol C29 : Cut if below 0.17

DIALOG: will see it from 1.51 back to 1.53 at least. Cut loss point 1.50

Dnex : Cut below 0.255, possible to go to 0.305.

Chicken Stocks:
PWF: cut loss 0.78
CAB: cut loss 1.57
CCK: cut if below 0.585
FARMBES :cut if below 0.685

Let Tuesday be a good one !
Cheers.

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