SGX Stock Market Updates
Singapore equity market were positive on the 2nd continue day, its a last week of the month which is positive in comparison of whole May month.

Shares also received a lift on hopes that China will implement new  stimulus measures to raise domestic demand and fast track some major construction projects.

Singapore share prices opened lower on Tuesday with the Straits Times Index down 6.63 points to 2,780.59.but immediately shown recovery and crossed its 2810 resistance level and made a high of 2811.19 and finally closed above 2800 mark @ 2801.85 with gain of 14.63 points up by 0.52%. Volume was 955.20 million shares worth $766.10 million. Gainers slightly led losers 178 to 153.

SGX Stock for Tomorrow
Day start with bearish sentiments but suddenly change in the bullish mode and made high above the resistance level of 2810 @ 2811.19.

STI trades above 2800 mark and made high of 2811 levels just breached the resistance of 2810, today STI breached its previous week's range of 2760-2792 and made low and high for the day beyond these levels and finally closed between the ranges.

STI now having next resistance @ 2835 levels which is a 200 day MA level of it , if it will crossed this level in the coming days than we can expect some bullish move in the market.

STI Resistance for Tomorrow
STI having nearest support @ 2795 level and below this level it can take support @ 2760-2740 will be the support zone for STI.

STI Support for Tomorrow
STI having Resistance @2815 and above this level it may take resistance @ 2835-2860 levels.

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