Broker Name: Lim & Tan Securities
Date of Report: 10 March 2026
Excerpt from Lim & Tan Securities report.
Report Summary
- Lim & Tan Securities recommends a BUY on Keppel Ltd based on technical analysis, projecting a bullish price direction in the short term.
- The stock is trading within an Ascending Channel pattern, and momentum remains positive with the Relative Strength Index at comfortable levels, indicating more room for appreciation before hitting overbought territory.
- Near-term resistance is identified at S\$12.58, with support at S\$11.75, limiting downside risk in the short term.
- Medium-term outlook is sideways, while the long-term outlook remains bullish with higher resistance and lower support levels identified.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website: www.limtan.com.sg
