Singapore Stock Exchange

STI Daily Technical Analysis View

Alex Gray
Publish date: Wed, 12 Mar 2014, 09:03 PM
Alex Gray
0 413
It is the high time to make the most of your surplus money. We offers free real time tips and recommendations for Stock Market, Forex, Commodity, Live Stock Market Data and more. invest with our tips and enjoy bigger profits on your small investment.
simply leave a contact no and email address or take a free trial now.
Following Message
Market Review:
Today the STI gave a gap down opening by 16 points 3113.41 with the volume of 135.6Million. Today complete red candle was formed for the day with a gap down from the previous day candle and made a Star Position.
Further STI made the Marubozu Pattern that shows the open is close to the high & the close is near to the low of the day.
STI Day Performance
Open
3113.41
High
3115.21
Low
3097.43
Close
3097.43
Change(Points)
-29.7
% Change
-0.949
Volume
1897.4M
Rise
166
Fall
236
Unch
656
Market forecast:
As STI formed inverted hammer yesterday , on the back of this STI opens with gap down and traded lower side whole day and formed bearish candlestick pattern.
Today STI gives a signal to bearish cross over between  its 50 & 20 day EMAs here 20 day EMA level now flat @ 3099.02 and 50 day EMA @ 3096,  flat  direction of shorter period EMA could be reverse and will give bearish cross over if STI will continue the same bearish.
Support level:
STI having immediate support @ 3120 level and below this level it can take support @3105-3090 will be the support zone for STI.
Resistance:
STI having immediate Resistance @3135 and above this level it may take resistance @ 3145-3160
STRAITS TIME LEVELS
Support 1
3120
Support 2
3105
Support 3
3090
Resistance 1
3135
Resistance 2
3145
Resistance 3
3160
Technical indicators:
With the recovery now Technical indicators MACD trading in bullish zone in Daily chart , RSI trading above @50.77 near to centreline and CCI crossed its +100 mark @ 24.41
Important Factor for today:-
  • SGX announced today that it is coming with the new set of Asian currency futures to expand its suite of foreign exchange future (FX) & launching options on china A50 futures, as this will be available in the 3Q 2014
  • Singapore largest retail warehouse store Big Box is set to open its doors in the 4Q2014
  • A good boom is expected for this FY in Offshore RMB bond issuance by a strong policy support, continued cash crunch in the mainland and a huge amount of refinancing expected this year.
Top 5 Gainers
Top 5 Losers
Scrip Name
 CMP
 %change
 Scrip Name
 CMP
 %change
DairyFarm 900
 9.370
 2.741
JMH 400US
59.040
-1.600
Creative 50
 2.550
 2.823
JSH 500US
33.600
-2.665
Goodpack
 2.010
 3.608
UOB
20.040
-2.053
SATS
 3.060
 2.000
Jardine C&C
39.110
-1.012
ManhattanRes
 0.505
 12.222
SIA
10.200
-1.923
More articles on Singapore Stock Exchange
1MDB: Goldman Sachs faces suit over ties to Malaysian fund

Created by Alex Gray | Jul 27, 2016

KLCI Malaysia Market Review & Tomorrow Forecast

Created by Alex Gray | Jul 26, 2016

Weekly Wrap of KLCI And Forecast for Week Ahead

Created by Alex Gray | Jul 08, 2016

Malaysia Market: Companies That May Be In Focus On Friday

Created by Alex Gray | Jul 06, 2016

EURCAD‬: CAN GO ANY SIDE

Created by Alex Gray | Jun 30, 2016

Malaysia Inflation Rate at 13-Month Low

Created by Alex Gray | Jun 18, 2016

EUR/USD Fundamental Forecast - May 24, 2016

Created by Alex Gray | May 24, 2016

KLCI Will Rose on Tuesday- Malaysia Stock Market Forecast

Created by Alex Gray | May 23, 2016

Malaysia's KLSE Stock Market Forecast for Friday, 20 May 2016

Created by Alex Gray | May 19, 2016

Market Forecast for KLCI Malaysia: Thursday, 19 May 2016

Created by Alex Gray | May 18, 2016

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment