SGX Singapore Stocks & Forex Live Picks
STI Singapore Stock Market Forecast 30-April
Your Advisor
Publish date: Mon, 29 Apr 2013, 08:23 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's STI is up 0.3% at 3358.13 after setting fresh more than 5 year highs despite U.S. GDP data coming in worse than expected.
Singapore shares open 3351.15 and then crossed its 3360 level but cant able to sustain that high fell down and took support @ 3347.19 and then recovers and made day high @ 3362.92 and finally closed @ 3361.92 with gain of 13.05 point up by 0.39%.
Some 2.05 billion shares, valued at S$1.28 billion were traded. Losers outnumbered gainers 249 to 216.
Market forecast:
STI continue the upward rally. As it crossed the resistance level and maintain this, so we expecting more uptrend and next resistance come @ 78.6% retracement level i.e. 3382-3385 mark.
As we explain in our previous report that STI crossed its resistance level which is also breakout point of "Ascending Triangle". So according to this pattern more upward trend is expected.
Support:
STI having immediate support @ 3335 level and below this level it can take support @3320-3300 will be the support zone for STI.
Resistance:
STI having immediate Resistance @3380 and above this level it may take resistance @ 3400-3412 levels.
Technical indicators:
Technical indicators MACD, RSI are in recovery mode and CCI currently traded @ + 233.93 level.
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....
