HONG KONG STOCK INDEX (HSI)
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Hang Seng
Hong Kong stocks rose, driving the benchmark above the 20,000 level, as buying from mainland investors lifted sentiment.
The Hang Seng Index gained 1.08 per cent to 20,098.29, poised to close above the psychological threshold for the first time since December 12. The Hang Seng Tech Index advanced 0.9 per cent.
(News Source: Bignewsnetwork)
Plan A: Long if market retraced but supported firm above 19,935. Targets are 20,097/20,300. Take reasonable stop loss for each trade.
Plan B: Short if market failed to support above 19,935. Targets are 19,779/19,634. Take reasonable stop loss for each trade.
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