Strategy: FSS expects the SET to continued rebound with a limited range as this week has two working days before Songkran holiday. Buy on weakness is still recommended.
Technical stocks: BEAUTY, NWR, BH(short)
Market direction: The stock market closed higher on Friday after it came under selling pressure earlier last week. FSS expects a continued rebound within a limited range. Investors may stay on sideline before long holiday. Market volatility is still expected as 1Q16 earnings season is coming and it is not clear who will attend the Doha meeting on April 17. We recommend investors to accumulate buy when the index retreats.
Support 1365-1360, 1355-1350, 1345-1340
Resistance 1372-1375 , 1380-1386
Source: fnsyrus.com / settrade.com
