Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, during the “Kaohoon” program on February 10, 2026, expects today’s support and resistance levels for the Stock Exchange of Thailand (SET) Index to be 1,400/1,385 points and 1,410/1,420 points, respectively.
ASL Securities has also estimated support and resistance levels for specific stocks. The details are as follows:
- Bangkok Bank PCL (SET: BBL): THB 159.50/158 per share and THB 162.50/165 per share for its support and resistance levels.
- SCG Packaging PCL (SET: SCGP): THB 20.20/19.50 and THB 20.70/21.20.
- Bumrungrad Hospital PCL (SET: BH): THB 176 and THB 180.
- Global Power Synergy PCL (SET: GPSC): THB 38 – 37.75 and THB 39.25/40.75.
- Charoen Pokphand Foods PCL (SET: CPF): THB 21 – 20.70 and THB 21.50/22.
Regarding the election results, Mr. Suchet noted that the leading political party is likely to form a stable government coalition, generating positive sentiment that could drive the SET Index higher. Based on past elections, the index could rise by around 20% within a week after the vote, before facing a market correction roughly two weeks later. However, he cautioned that profit-taking could occur as early as the afternoon session or the following day.
Several sectors are showing signs of recovery, driven by positive sentiment from brokers and foreign institutions. As for commodities and digital assets, Mr. Suchet stated that gold prices remain in an upward trend, oil prices are swinging in line with market positioning, while bitcoin is still in a downward trend.
Regarding local institutions’ net purchases of more than THB 6 billion, following over a year of net selling, Mr. Suchet noted that expectations of a more stable political environment could drive stock prices higher, prompting institutions to continue accumulating shares.
