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SGX Stock - Singapore Market Updates

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Publish date: Tue, 12 Jun 2012, 08:20 PM
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Stock Market Review
Singapore shares took a dive early on today morning with the benchmark Straits Times Index down 21.71 points at 2,766.1.

STI starts day with deeply negative node but it took support @ 2760 levels and recovers all the losses and made a day high of 2797.08 and closed also the highest level of the day with gain of 9.27 points up by 0.33%. Losers outnumbered gainers 170 to 134. Overall volume traded was 1.40 billion shares.

Stock Tips for tomorrow
STI opens negative but soon it took support @ lowers levels and recovers all the early hours' losses and also crossed the yesterday's higher level and closed highest level of the day.

STI made high above its resistance level of 2795 but cant able to crossed its 2800 mark, as markets opens lower and closed higher it made a long white candlestick.

STI having a immediate resistance level @ 2815 mark, if it will sustain this level than we can see 50-80 points rally from this level.

STI Support
STI having nearest support @ 2760 level and below this level it can take support @ 2740-2720 will be the support zone for STI.

STI Resistance
STI having Resistance @2815 and above this level it may take resistance @ 2835-2870 levels.

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