Titan Trading Notes For Tuesday [25/3/2025]:

KLCI retraced back towards the 1503 points region with an overall negative market sentiment today as we saw over 600 counters closing red for the day along with it. Daily trading volume settled around the 3 billion mark, mainly dominated by sellers still.

Main stocks that showed strong buying momentum would be the likes of CIMB, RL, KPJ, OPSTAR, and TTVHB. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$CIMB / 1023 (CIMB GROUP HOLDINGS BERHAD) since taking a huge hit over the past month, been hovering around the RM 6.80 - RM 7 major support levels over the past 2 weeks here on the daily chart as foreign funds continue to sell heavily and are moving out from Bursa Malaysia.

Over the past 2 weeks, local funds been snapping up these CIMB shares, which explains why there is such a strong support around the RM 6.80+ levels. If able to keep this up, could breakout from its RM 7.10+ resistance and start bouncing back towards the RM 7.30+ regions soon in the coming weeks.

Will be monitoring CIMB closely.

BNASTRA since retracing all the way back towards the RM 1.70+ support levels, been able to recover quite well over the past week and today, was able to breakout back towards the RM 1.83 regions on the daily chart with good volume.

For now, it's looking quite strong here and as long as able to sustain above its RM 1.75+ immediate support levels on the daily chart, could continue to trend back up towards and beyond the RM 1.90 all time high levels soon.

Will be monitoring BNASTRA