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CSI 300: 4086

Fundamental analysis:

On Monday (November 16), the two cities in A shares rose and fell, and the Shanghai and Shenzhen 300 trains rose 1.7%for a time. 3880, the turnover was enlarged to 917 billion yuan, and the net purchase of funds north was 15.8 billion yuan to buy a net purchase of 9 consecutive trading days. Looking forward to the market outlook, restlessness is in spring. It is currently the most smooth stage of stock transactions. It is expected to exceed expectations during the peak construction season, and the overall valuation of the stock is still at a historic low. Data show that long -term investors' position replenishment has been started (foreign capital, financial management, insurance, etc.), and continue to be optimistic about the index market.

CSI 300 one hour map

Technical analysis:

Looking at the 1-hour chart, the Shanghai and Shenzhen 300 continues to strengthen at 4060 points. At the same time, the MACD volume can continue to present a continuous volume state on top of the zero axis. nearby.

Multi -short turning point: 4086

Resistance level: 4200.00 4250.00
Support bit: 4086.00 4030.00

Trading strategy: Barrow on 4086, target 4200.00 4250.00
Alternative strategy: Watch the decline under 4086, target 4030.00 3980.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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