SGX Singapore Stocks & Forex Live Picks

Singapore SGX - Stock Market Updates

Your Advisor
Publish date: Tue, 27 Mar 2012, 08:42 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
STI Review
Stocks rose on Tuesday after Wall Street was boosted overnight by Federal Reserve Chairman Ben Bernanke's signal for supportive monetary policy.

Straits Times Index added 27.21 points or 0.91% to 3,001.71. STI opens higher and then it slips down and took support @ 2992.44 levels and again started its rally and made a day high of 3018.91 and closed @ same level with gain of 44.41 points up by 1.49%.

Singapore shares marched higher by midday as Asian markets strengthened following upbeat comments from Federal Reserve Chairman Ben Bernanke on monetary policy and closed Volume was 1.81 billion shares worth $1.41 billion. Gainers led losers 293 to 102.

STI for Tomorrow
It was a great rally of STI today in the 2nd half of the trading day and STI crossed and closed above the 3k mark @ 3018.91 levels.

STI formed a big white candle which totally engulf the previous days black candle and even covers last 5 days looses in the single day which is good sign and as it closed above 3011 levels also a additional score in STI
recovery graph.

STI faced strong Resistance @ its technical pattern's higher level and slips from 3035 levels and now it can't able to sustains its 3000 mark, if it will sustain this level than only it can move higher levels.

We think that investors have to adopt cautious approach towards any trade as the market is volatile and uncertain so to keep strict stop loss for any position.

STI Review
STI having nearest support @ 3000 and below this level it can take support @ 2970-2945 level is the major support
zone.

STI for Tomorrow
STI having Resistance @ 3025 and above this level it may take resistance @ 3045-3065 levels.

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