8:10 PM
Your Advisor
Singapore Stock Market today's review
Singapore equity market opens higher with gap up above 2800 @ 2813.47.
STI opens higher and trades higher above 2800 mark as it opens resistance level of 2810 @ 2813 and after that it made a day high of 2831.23 and finally closed @ 2823.75 levels with gain of 33.59 points up by 1.20%.
Volume was 2.19 billion shares worth $1.12 billion. Gainers led losers 282 to 97.
STI Stock for Tomorrow
As we told in our weekly report that STI having a major support @ 2760 levels and STI took support @ that level yesterday and today it crossed the 2800 mark and also the both Resistance given in the previous report.
It was a second day when STI closed in positive node after straight fall in previous many days. Yesterday STI was in narrow range but today its trading range was good and it made a high of 2831.23 levels.
Today STI formed a candlestick pattern called White Opening Marubozu is a single candlestick pattern characterized by a long white body. It has an upper shadow but no lower shadow. This is a strong bullish candlestick pattern.
On the daily graph STI made a day high just near to its 200 day MA level of 2834.92 if tomorrow it will cross this level than we expect some 50-70 points relief rally in the markets.
STI support level for tomorrow
STI having nearest support @ 2810 evel and below this level it can take support @ 2795-2760 will be the support zone for STI.
STI Resistance level for tomorrow
STI having Resistance @2835 and above this level it may take resistance @ 2858-2875 levels.
Singapore equity market opens higher with gap up above 2800 @ 2813.47.
STI opens higher and trades higher above 2800 mark as it opens resistance level of 2810 @ 2813 and after that it made a day high of 2831.23 and finally closed @ 2823.75 levels with gain of 33.59 points up by 1.20%.
Volume was 2.19 billion shares worth $1.12 billion. Gainers led losers 282 to 97.
STI Stock for Tomorrow
As we told in our weekly report that STI having a major support @ 2760 levels and STI took support @ that level yesterday and today it crossed the 2800 mark and also the both Resistance given in the previous report.
It was a second day when STI closed in positive node after straight fall in previous many days. Yesterday STI was in narrow range but today its trading range was good and it made a high of 2831.23 levels.
Today STI formed a candlestick pattern called White Opening Marubozu is a single candlestick pattern characterized by a long white body. It has an upper shadow but no lower shadow. This is a strong bullish candlestick pattern.
On the daily graph STI made a day high just near to its 200 day MA level of 2834.92 if tomorrow it will cross this level than we expect some 50-70 points relief rally in the markets.
STI support level for tomorrow
STI having nearest support @ 2810 evel and below this level it can take support @ 2795-2760 will be the support zone for STI.
STI Resistance level for tomorrow
STI having Resistance @2835 and above this level it may take resistance @ 2858-2875 levels.
Click Here to Get all Stock Signals, Live Stock Prices, SGX Stock Picks - FREE on Mobile.
Posts
