U.S. stocks climbed for a second straight session on Tuesday, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin soothed anxiety that tensions over Ukraine could escalate.
Hong Kong shares ended firmer on Tuesday, led by index heavyweight Tencent, but investors remained cautious on concern over how fast China's economy will grow this year.
Holding a long
Plan A : 21298-21786, do nothing
Plan B : Below 21298, cut
Plan C : Above 21786, consider taking profits first if it retrace after a higher opening
Plan D : Consider turning sell only after it finishes with its technical rebound and triggers a sell
Plan E : Cut above 21786
FKLI
FKLI was seen holding firm above 1810 despite failing to break above 1820. Market is expected to attempt triggering a buy once again barring any negative surprises
Plan A : Attempt buying between 1810-1815
Plan B : Cut below 1808
Plan C : Intraday selling can be attempted if market make a sudden surge but fails to break above 1834
Plan D : Cut above 1837
FCPO
Market was trading at consolidation without much surprise yesterday. It might go for another round of range trade 2733 to 2760.
Plan A : Overnight buyer might want to stay put if 2719 is supported. Profit target looking at 2791.
Plan B : Intraday investor could try to buy around 2730's level, taking support at 2729. Profit target looking at 2760 and 2791.
Plan C : Intraday seller might have a chance if market performs range trade. Resistance looking at 2760 and profit target looking at 2740. Place a stop if market overshot.
Plan D : Above 2800, do nothing.
Plan E : Below 2710, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
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