SGX Singapore Stocks & Forex Live Picks
Straits Times Index - Intraday Outlook for 13 March
Your Advisor
Publish date: Tue, 12 Mar 2013, 08:39 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.
Market forecast:
STI closed its 5 week higher level above 3300 mark @ 3303.02, which is good for coming days as STI breach the resistance level.
Today STI cross its 3300 mark after struggling at this level and crossed resistance of 3315 level but cant able to cross the high.
STI formed a candlestick pattern called "shooting star" The Shooting Star simply tells us that the market opened near its low, then prices strongly rallied up and finally prices moved down to close near the opening price. In other words, the rally of the day was not sustained.
Support:
STI having immediate support @ 3280 level and below this level it can take support @3265-3250 will be the support zone for STI.
Resistance:
STI having immediate Resistance @3320 and above this level it may take resistance @ 3335-3350 levels.
Technical indicators:
Technical indicators MACD, RSI and CCI all are in recovery mode with today's move. As we can see in the chart, RSI trading above its centreline @ 59.44 and CCI also crossed its +100 level and closed @ 115.420 which is bullish signal and MACD too about to give bullish crossover.
| Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
| 3280 | 3265 | 3250 | 3320 | 3335 | 3350 |
More articles on SGX Singapore Stocks & Forex Live Picks
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
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
Singapore Post Shares Slide After CEO Fired Over Whistleblower Report
2
3
Johor house best buy
4
CEO Morning Brief
DBS Shares’ 43% Rally Seen Having More Legs as Wealth Fees Rise
5
CEO Morning Brief
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
