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Tuesday, May 8, 2012

Live SGX Stock Market Updates

STI Stock Market Today
STI exhibited recovery move today after the fall of previous session and closed on positive note gained 0.24 percent to 2931.98 at the close.

STI showed consolidated move in today’s session consolidating with negative biasness. After opening up it showed range bound move during the session. Overall it remained flat in trading hours and finally closed at 2931.98 with the gain of 7.03 points down by 0.24%.

SGX Stock Tomorrow
Today STI sustained above the support level of 2913 and closed on positive note. Technically, STI is taking support of its 200 DMA on daily chart and trying to bounce back from this level.

In near term if it sustains above its 100 DMA lying at 2913 levels, then recovery can be continued in STI till the levels of 2950-2965.

Also a fall below 2913 level, 2900 is a good psychological support for STI.

STI Support Tomorrow
STI having nearest support @ 2913 and below this level it can take support @ 2900 levels and 2874 is the major support level.

STI Resistance Tomorrow

STI having Resistance @ 2950 and above this level it may take resistance from 2967-2990 levels.

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