SGX Singapore Stocks & Forex Live Picks

SGX Nifty Tomorrow - 11 May

Your Advisor
Publish date: Tue, 10 May 2011, 08:53 PM
Your Advisor
0 10,454
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Following Message

MARKET REVIEW
With the previous days big up move STI today also give good movement and closed above Resistance area. STI opens above 100 day Ma level and after that made a low of 3130.45 but took support @ that level and after that made a high of 3164.98 near to major Resistance zone of 3170, but finally closed @ 3156.64 with gain of 19.32 points up by 0.62%

MARKET FORECAST
As yesterday STI closed above its 100 day MA level and formed a highly bullish candlestick so with these positive biased STI today gives a good movement and closed above its good Resistance level.
STI manage to maintain it's self above its 100 day MA level of 3135.34 and also made a high near to its major and multiple resistance as well as support zone of 3170 @ 3164, but closed below the day's high and with this movement formed a long white Candlestick pattern. As previously STI can face resistance @ 100 day MA level and as today if it will sustains this level and it can go higher side.

SUPPORT
STI having strong support @ 3120 and below this level it can take support @ 3090-3070 levels.

RESISTANCE
STI having Resistance @ 3170 and above this level 3190-3210 will be the small and also major resistance zone for STI.

Click & get All SGX Report along With SGX Nifty Tips -  SGX Nifty Tips
More articles on SGX Singapore Stocks & Forex Live Picks
Bursa Malaysia Stock Market May Come Under Pressure

Created by Your Advisor | Sep 23, 2017

Is another financial crisis just around the corner?

Created by Your Advisor | Sep 16, 2017

Rules for investing

Created by Your Advisor | Sep 06, 2017

Overview on PENTAMASTER CORPORATION LTD

Created by Your Advisor | Jul 06, 2017

Gold Is At Sweet Spot For Continued Buying On Dips

Created by Your Advisor | May 31, 2017

There's No Recession, but a Market Correction Could Cause One

Created by Your Advisor | May 10, 2017

TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

Created by Your Advisor | Mar 23, 2017

M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB

Created by Your Advisor | Mar 22, 2017

SEA market ready to rate hike ahead of Fed meeting

Created by Your Advisor | Mar 07, 2017

SGX & KLCI TRADING CALLs for Today

Created by Your Advisor | Feb 22, 2017

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