“Kingsford” sets support for stocks in the afternoon at 1395-1400 points, recommends RCL-TKN.

HoonSmart.com >> Kingsford Securities expects the stock index trend in the afternoon to be support at 1,395 – 1,400 points and resistance at 1,405 – 1,410 points after the morning market closed at minus 2.76 points, triggering selling pressure in the electronics sector On the results side: The 10-year yield rate rose to 4.0% this morning as the market awaits the Bank Group's earnings report. Follow economic numbers Ready to serve stocks in the afternoon: RCL-TKN, technical signals support

Kingsford Securities Look at the stock market trend in the afternoon. Place the support level for the SET indicator at 1,395 – 1,400 points, with resistance at 1,405 – 1,410 points and wait for the Q4/66 earnings report from the banking group.

The SET index closed this morning -2.76 points at 1,404.26 points, with a trading value of 19.7 billion baht, while regional indices declined. After the European Central Bank's chief economist and the German Federal President commented that it is still too early for the ECB to cut interest rates because it could lead to a new round of inflation. Therefore, the market expects that there is only a 20% chance that the ECB will start cutting interest rates in March, and the German 10-year bond yield also rose to 2.19%, causing the flow of money in the Asian market to slow as well.

Tomorrow's economic issues follow Chinese economic numbers such as China GDP expected Q4/66 +5.2% and Q3/66 +4.9% y/y, industrial production expected December 6.8% and November 6.6%, and retail sales expected December is expected to record 8.1. % and 10.1% in November, and the unemployment rate in December is expected to stabilize at 5.0% on an annual basis.

As for the European stock market this evening, follow the German CPI in December, which is expected to reach 3.7% and 3.2% in November on an annual basis before the European Central Bank meeting on January 25, while the US stock market this evening follows earnings Goldman Q4/66. Sachs Report, Morgan Stanley

As for the SET index, it fell this morning from selling pressure in the electronics group after the US 10-year bond yield rose to 4.0% this morning and the retail sector fell after the Cabinet postponed the digital council meeting. The portfolio exits after the Cabinet travels to Ranong on January 23, while the group helps support the index, namely transportation, led by AOT, from the expected profits for the period October-December 2023, as it recovers well during the peak season, with some investors opting for Park funds. In secure clusters such as hospitals and ICT.

Recommended stocks for the afternoon include RCL, recommended as a speculative buy. The price level maintains the area above the 200-day moving average. Trading volume has accumulated while indicators are in good condition. Consider buying the trade, place support at 25.00 baht, place resistance to take profit at 28.50 baht. If the price moves below 24.10 baht, we recommend a stop loss

It is recommended to buy TKN shares for speculation. “The price level is trying to swing from the support level with the short-term EMA. Volume has built up while the indicators are turning into positive territory. Consider the trade buy, place support at 9.55 baht, place resistance to take profit at 10.10-10.30 baht if The price moved lower. More than 9.45 baht, stop loss is recommended