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| Chip Eng Seng Corp Ltd |
If Chip Eng Seng Corp Ltd sustains it 0.445 level than one can take long position above this level for target of 0.475-0.515-0.550 level
On the other side of coin if Chip Eng Seng Corp Ltd breached this up slopping trend line the level is 0.418 than it can go for 0.39 and 0.387 which is its 200 day MA level.
Oversea-Chines Bank Corp Ltd (OCB) seems to be reverse from this level as it is trading above its 200 day MA level of 9.195 @9.26 and if it took support @ this level and reverse from here than above its up slopping trend line it will be in bullish zone.
Resistance for OCB comes @ 9.40 and if scrip sustains this level than one can take long position for target 9.55-9.65 and above.
Support comes for OCB @ 9.04 from this level and if breached this level than it can go for more down side up to 8.90-8.80 soon.
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| Oversea-Chines Bank Corp Ltd. |
Resistance for OCB comes @ 9.40 and if scrip sustains this level than one can take long position for target 9.55-9.65 and above.
Support comes for OCB @ 9.04 from this level and if breached this level than it can go for more down side up to 8.90-8.80 soon.
