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STI Singapore - Market Forecast 28 Sept
Your Advisor
Publish date: Thu, 27 Sep 2012, 08:39 PM
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Market Forecast 28 Sept
STI rebound from its technical level of 3040 as it is a 50 day MA level and multiple supports zone in previous move.
STI closed near to its resistance level of 3060 and we expect that it will move up side as it took support @ good level.
For the coming days 3040 level is the decisive level for STI if it breached this level and sustain below this than we can see southern tone of market. Technical indicators are look to loosing strength on charts.
STI Intraday Support level
STI having nearest support @ 3040 level and below this level it can take support @ 3020-2995 will be the support zone for STI.
STI Intraday Resistance Level
STI having Resistance @3070 and above this level it may take resistance @ 3090-3100 levels.
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