FBM KLCI May Move Sideways In This Week

This week will be short with Raya Haji is at Friday and some fund had cash out since last week for Raya Haji holidays so this week and next week may likely see FBM KLCI move sideways. For me I think market consolidate will be a good entry point to buy in good quality share specialty banking sector. With Gold market in bull run so share market will have some support till end of this year.

FBM KLCI likely to hits above 1,300 by end of this year and to do it all banking company in FBM KLCI need to bound up specialty the top 5.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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