Titan Trading Notes For Monday [24/3/2025]:

KLCI had a slight rebound back towards the 1505 points region with an overall mixed market sentiment on Friday as we had over 510 counters closing red for the day. Daily trading volume settled around the 3.4 billion mark, which is just average for now.

Main stocks that showed strong buying momentum would be the likes of GAMUDA, IJM, CIMB, ECOWLD, VS, SALIRAN, AUMAS, and RHBBANK. All of which were able to sustain their rallies throughout the day on the top volumes list.

$IJM / 3336 (IJM CORPORATION BERHAD) since retracing all the way back towards the RM 1.86+ support levels last week, been able to hold support well and bounced back towards the RM 2.04+ regions with good volume and buying momentum here.

So far after clearing its allegations, seems to be absorbing the selling pressure within the RM 1.85 - RM 2 support level range. In order for us to expect more, will need it to breakout from its RM 2.20+ resistance levels in the coming week to signal a further rebound.

Will be monitoring IJM closely.

SALIRAN since its earlier IPO debut over the past 2 weeks, been consolidating around the RM 0.20+ support levels and since then, been slowly recovering back up towards the RM 0.255 regions on Friday with good volume.

Seems to have found its bottom already and if able to sustain above its RM 0.24+ immediate support level, could breakout back towards and beyond its RM 0.275+ major resistance levels soon in the coming weeks.

Will be monitoring SALIRAN closely.