SGX Singapore Stocks & Forex Live Picks
SGX - Singapore Stock Market Forecast 09-April 2013
Your Advisor
Publish date: Mon, 08 Apr 2013, 08:06 PM
Your Advisor
0 10,452
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 Reviews:
Singapore
equities fell for straight 3rd
day after making its all time high @ 3331.26.
STI
opens down @ 3293.86 then recover some 5 points and made day high @
3298.85 and again fell down and made day low @ 3283.52 and finally
closed @3288.47 with loss of 11.31 points down by 0.34%.
Some
3.74 billion shares, valued at S$1.39 billion were traded. Losers
outnumbered gainers 307 to 142.
Market
forecast:
STI,
after making its all time high facing resistance at higher levels and
fell from that level.
If
we see on charts we can find that the trading volumes have been
decreasing and many stocks falling after making its high. This is
technically showing weakness in the market.
STI
cant able to sustain above its resistance level of 3320 and slips
below this mark, next support comes @ 3280 mark. Whenever STI sustain
above 3300 mark we can be bullish on it.
Support:
STI having
immediate support @ 3280 level and below this level it can take
support @3260-3240 will be the support zone for STI.
Resistance:
STI having
immediate Resistance @3305 and above this level it may take
resistance @ 3320-3335 levels.
Technical
indicators:
Technical
indicators MACD, RSI and CCI all are looking bearish with today's
move.
| Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
| 3280 | 3260 | 3240 | 3305 | 3320 | 3335 |
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
Latest Videos
Apps
Top Articles
1
THE SINGAPOREAN INVESTOR
Investing in Singapore's Hospitality Scene: A Look at the 5 Listed REITs
2
RHB Investment Research Reports
Food Empire - Expanding Ingredients Capability in Vietnam; BUY
3
reitsnewsletter
4
SGX Market Updates
5
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
#
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....
