Wednesday 22 August 2012

Daily Trading Stocks- Naim Indah Corp Bhd

NICorp may climb further after a firm close yesterday. A position can be initiated on a close above RM0.32, with a close below the recent low of RM0.30 as a stop-loss. The price targets are at prior highs of RM0.365 and RM0.425. Failure to stay above RM0.32 will likely see it lower and strong support is at RM0.285.

Source: OSK

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