INFOTEC, ANTAH Entah ler

KLCI ends +0.4% at 1007.29 in heavy volume of 984 million shares but off intraday high of 1011.20 as regional declines weighed on sentiment.

Expects KLCI to consolidate Thursday within 1,005-1,015 (which would be the highest close since 2000) as profit-taking caps gains.

Among gainers, Proton +11.6% on speculation company plans to sell 51% stake in main unit Perusahaan Otomobil Nasional to Volkswagen. Construction stocks gained on hopes infrastructure projects under 9MP (development plan) will be awarded before year-end. Plantations swooned on profit-taking from its recent rally.

INFOTEC
Trading Play. Best Buy 0.13. Target 0.185

For 8 Nov the closing price was 0.1550.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.19.
The projected lower bound is: 0.13.


ANTAH
Trading Play. Best Buy 0.205. Target 0.255

For 8 Nov the closing price was 0.2200.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.27.
The projected lower bound is: 0.18.
Cut Loss: 0.20


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