Nanyang Siang Pau, 6 Jul 2011 – Dijaya Corporation Sustains at RM1.60

Nanyang Siang Pau, 6 Jul 2011

Dijaya Corporation (Dijacor, 5401, main board) closed at RM1.62, dropped 6 cents or 3.57%, on a volume of 1,098,200 shares. TAEL One Partners has acquired 5% of Dijaya Corporation.

Technical Comments:

Dijaya Corporation share price trends at 5 July during selling period fell into callback trend, starting to consolidate adjustments, date line share price trends below RM1.65, sustained and closed at RM1.62. Its short term share price trend might be between RM1.50 and RM1.60, obtaining appropriate support.