Research Center

On April 6th, we attended the TCM's 2021 AGM to to articulate the business plan in FY21F, and its results so far are encouraging.

Long positions captured at 1,182.6 pts should be closed after ATO session. For new positions, traders should buy the dip (1,200-1,220 pts zone) and stop the loss when 1,190 pts level is broken (there is the closing price below 1,190 pts level (Hourly chart)).

Despite the contraction, the target price of VNIndex is 1,250 points thanks to the rectangle pattern. Therefore, traders should hold their long position and focus on leading stocks such as Banking and Real Estate.

Based on the rectangle pattern, the target price of VNIndex is 1,250 points. Therefore, traders should hold their long position and focus on leading stocks such as Banking and Real Estate.

Long positions captured at 1,182.6 pts should not be closed, follow the bullish swing and add more long positions at 1,200 pts. On the downside, stop the loss when 1,190 pts level is broken (there is the closing price below 1,190 pts level (Hourly chart)).

After experiencing high volatility last month, the money and government-bond markets backed to normalization in March with improved banking liquidity. Interbank rates again stayed at low levels, while long-term yields saw loosening upward pressure. We expect that this trend would be ongoing in April, and interbank rates and G-bond yields would likely move in a tight range.

Long positions captured at 1,182.6 pts should not be closed, follow the bullish swing and add more long positions at 1,200 pts. On the downside, stop the loss when 1,190 pts level is broken (there is the closing price below 1,190 pts level (Hourly chart)).

In the short term, the VNIndex will advance to 1,250 points, the target price of the Rectangle pattern. Therefore, traders should increase their long position and focus on leading stocks such as Banking and Real Estate.

Long positions captured at 1,182.6 pts should not be closed, follow the bullish swing and add more long positions at 1,200 pts. On the downside, stop the loss when 1,190 pts level is broken (there is the closing price below 1,190 pts level (Hourly chart)).

The long-term uptrend is confirmed as the breakout of the rectangle pattern. That implies the short-term target price of 1,250 pts. Therefore, traders should increase their long position and focus on leading stocks such as Banking and Real Estate.