Thai Stock Market Insights: Economic Trends and Investment Strategies

In this video, we delve into the Thai stock market trends and provide investment insights for the day. The Thai stock index witnessed strong buying pressure throughout the day, with significant large-cap stock purchases driving a substantial increase in the index at market close. The government's economic stimulus measures add clarity and positively impact the Thai stock market's movement. Today, the Thai stock market is expected to recover, with investors eagerly awaiting the outcome of the Monetary Policy Committee meeting. Given the Thai economy's sluggish trend, it is anticipated that the meeting will result in a 0.25% reduction in interest rates, which will benefit real estate stocks and those that benefit from lower interest rates. Meanwhile, US Treasury issues continue to exert downward pressure on investments. For the Z-month contract, there is a potential entry point for opening a buying position during the day in the range of 831-832 points, with a stop-loss at 828 points. The selling position for profit-taking is at 842-843 points, with a stop-loss at 845 points.
We also analyze individual stock futures. For KBANK, the stock price has moved closer to the expected technical support level of 164.5-165 baht. If it can breach this level during the day, we recommend opening a buying position for profit-taking. The stop-loss is set at 164 baht. For CRC, the stock price has begun to recover, and we see a bullish candlestick pattern indicating a potential rebound. For short-term profit-taking, we suggest opening a buying position near the support level of 21.3-21.4 baht, with a stop-loss at 21 baht.

Видео Thai Stock Market Insights: Economic Trends and Investment Strategies канала The Open Path