SGX Singapore Stocks & Forex Live Picks

SGX - Singapore Stock Market for Tomorrow

Your Advisor
Publish date: Wed, 18 Jan 2012, 08:44 PM
Your Advisor
0 10,452
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 Review
Straits Times Index dropped 10.31 points or 0.37 % to 2,805.54 on Wednesday morning following a selloff in Wall Street late in the session overnight, prompted by a steep drop in Citigroup's profit that led investors to unload bank shares.

STI opens lower just above 2800 mark @ 2805.54 but in the mid day edged slightly higher and made a high of 2824.72 but cant able to hold that higher level and fell down below 2800 mark and took a support @ given level of 2792 and finally closed @ 2795.40 with loss of 20.45 down by 0.73% .

In the midday STI tracking gains in other bourses, as economic data from China pointed to a soft lending that will allow officials to ease monetary policy. Volume was 1.24 billion shares worth $1.45 billion. Losers led gainers 217 to 145.

SGX Singapore for Tomorrow
After an unexpected up rally of yesterday in STI today it cool off the previous days gain and closed in a negative zone.

STI closed below 2800 mark it took support at our given support level of 2792 but it closed near to this level which shows a bearishness in the STI , buy if it will sustain above 2800 mark in coming day then it could cross today's higher level of 2825- 2830.

Now if STI able to sustains above this 2792 levels then we expect that it can touch the 2900 mark soon. and on the other side if it will crossed this level and maintain below this then it seems little negative.

STI Support
STI having nearest support @ 2792 and below this level it can take support @ 2770-2750 level is the major support level.

STI Resistance
STI having Resistance @ 2810 and above this level it may take resistance from 2830-2850 levels.

Fil form for all Singapore Stock Picks
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