Derivative securities assessment on September 16th: Unpredictable movement next to maturity session

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The VN30 index is in the range of 820 – 840 points and has not shown a clear trend. Even technical indicators have not shown any negative signs but still could not determine the level of optimism when this index is accumulating.

The derivative stock market on September 15 was mixed with an increase in the price of one futures contract (futures contract) and three downward contracts.

Specifically, the VN30F2009 contract closed down 1 point, respectively 0.12%, to 833 points. VN30F2010 contract and VN30F2012 contract decreased 0.01% and 0.07% respectively to 831.9 points and 827.1 points. The situation was mixed, the VN30F2103 session ended up 0.11% to 822 points.

nxvdb - Ảnh 1.

Liquidity on the derivative stock market on September 15. Source: VDSC

Regarding liquidity, trading volume VN30F2009 (74,780 contracts), VN30F2010 (2,187 contracts), VN30F2012 (27 contracts) and VN30F2103 (118 contracts).

According to statistics, the total trading volume reached 77,112 contracts, corresponding to the nominal transaction value of more than 6,431 billion VND.

The VN30 index ended the session increasing only 1.09 points to 833.33 points while the liquidity also increased by 33% compared to the previous session, which shows that profit taking pressure is quite high.

Technically, the VN30 is still in the range of 820 – 840 points and has not shown a clear trend. Even technical indicators like RSI and MACD, although not showing negative signs, still could not determine the level of optimism as this index is accumulating.

Forecast of derivative securities trading session on September 16:

Viet Dragon Securities (VDS)

Technical judgment of VN30F2009 in the short term is difficult to determine when the contract remains sideways for a long time.

Therefore, investors can open a short position of Buy (Long) at 830 points, cut loss below 828 and take profit at 836.

nxvdb - Ảnh 2.

Source: Rong Viet Securities

KIS Vietnam Securities

VN30F2009 contract has a negative reaction at the resistance zone of 835 points. Specifically, 850 points is the short-term resistance zone, the next one is 865 points (medium-term resistance). On the other side, 810 – 813 points is an important support for the intraday uptrend. Besides, the MA200 (790 points) will be the support level for the mid-term uptrend.

However, the MA50 and MA200 moved up and separated at a stable level, the mid-term uptrend remained and the downtrend was not confirmed. Notably, the threshold of 850 points will be tested when this contract breaks the threshold of 835 points.

Long positions at 820-825 points should be held, target at 865 and close all positions at 820.

BIDV Securities (BSC)

Except for VN30F2103 contract, the coalition contracts all decreased, contrary to the baseline index. In terms of trading volume, the VN30F2009 and the VN30F2012 fell while the VN30F2010 and the VN30F2103 were in the opposite direction. In terms of open positions, contracts are all bullish.

This signals a short-term correction. Investors can consider short sessions with the target price around 820 points for short-term contracts.

Investors should only consider comments of securities companies as a source of reference information. Securities companies all recommend disclaimer for the above comments.

Source: – Translated by