SGX Singapore Stocks & Forex Live Picks

Singapore Stock Exchange(SGX) Tomorrow Strategy

Your Advisor
Publish date: Tue, 03 Jan 2012, 08:04 PM
Your Advisor
0 10,453
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
SGX Market Review
Stocks opened higher on Tuesday after a New Year rally in European stocks with the key Straits Times Index up 14.28 points or 0.54 % to 2,660.63.

STI opens with gap up and traded higher side whole day opens above 2660 levels and then consolidate @ 2680 levels and then it breached the resistance level of last week @ 2683 and made a day high of 2693.23 and finally closed @2688.36 with gain of 42.01 points up by 1.59%.

A total of 922.3 million shares, valued at $690.4 million, were traded. Gainers outnumbered losers 272 to 73.

Singapore Market Tomorrow
Today STI opens higher and recovers all the last week losses and closed near to days high @ 2688.36. After a 4 trading days STI closed in a positive zone.

STI opens above the previous support level of 2660 and trades higher and also crossed weekly Resistance of 2683 and closed above this level.

As market opens and trades in uptrend and closed near to high so it formed a candlestick pattern called White Opening Marubozu is a single candlestick pattern characterized by a long white body. It has an upper shadow but no lower shadow. This is a strong bullish candlestick pattern.

STI Support
STI having nearest support @ 2660 and below this level it can take support @ 2640-2620 level is the major support level.

STI Resistance

STI having Resistance @ 2695 and above this level it may take resistance from 2705-2725-2750 levels.

We provide here all Singapore market picks, live STI market quotes, sgx nifty price live, free sti picks. Get all Live Singapore market news with live market trend.

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