Central China Securities Co.Ltd(601375) pointed out that since the new credit and social finance increment in October announced on Monday was less than expected, the stock indexes of the two cities continued to fluctuate and fall in early trading on Tuesday, and the stock index once broke through the integer level of 2900 points. With the full release of negative factors, the stock indexes of the two cities gradually stopped falling and stabilized in the afternoon. Driven by the first rebound of science and technology stocks and military industry sectors, heavyweights such as banks and insurance strengthened in turn, driving the stock index to rise rapidly. At the end of the day, the Shanghai index recovered 2900 points again. After the recent broad shock of the stock index, the pattern of shock of the Shanghai index in the range of 2900 points to 3000 points has not been shaken off. There is resistance and support at the bottom. Before the emergence of new external factors, it may be a better choice for the Shanghai index to continue to shock below 3000 points. It is suggested that investors continue to pay attention to the changes in policy, capital and external factors.
It is expected that the short-term shock consolidation of the Shanghai index around 2900 points is likely to be large, and the short-term slight consolidation of the gem below 1700 points is likely to be large. Investors are advised to wait and see for a short time, and the middle line is suggested to continue to pay attention to the investment opportunities of some undervalued blue chip stocks.
(Securities Times)
