1:22 AM
Your Advisor
STI Tomorrow
STI closed near to its day high and it formed a Bullish white candlestick pattern, this is generally considered bullish, as prices closed
significantly higher than they opened. And in which situation it forms it will be a bullish signal for market, and also STI closed above its 200
day MA level of 3063.80 @ 3067.60.
As we told in our weekly report that STI trading @ its up slopping trend line and trying to maintain itself above this trend line and today also
it were closed above this trend line and not sustains below this which is good sign of recovery, if STI sustained this levels than we can see
100-150 points of recovery in the market.
STI Resistance
STI having Resistance @ 3080 which is a good Resistance zone as this level is good support for STI previously and if sustains than next
higher level comes @ 3100-3130.
STI Support
STI having strong support @ 3045 level if STI breached this level than it can go for 3010-2965 level soon.
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