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>> Singapore SGX Market Review For Today:-

• Singapore opens down @ its major support level of 2985, and closed near to opening level.

• Singapore share opens @ 2985.84 and then traded sideways and faced resistance @ 2995 mark and fell down from that level and took support @ 2976.30 and then recovers and made day high f 2996.79 and closed with loss of 7.52 points down by 0.25% @ 2990.92.

• Singapore shares closed lower on concern of eurozone and volume was 1.20 billion shares. Losers led gainers 218 to 140.

>> Singapore SGX Market Forecast For Tomorrow:-

• STI snap yesterday’s recovery and didn’t even touched the its 3000 mark, traded below 3k mark whole day and made a low of 2976.30.

• STI breached its 2985 support level and took support @ 2976 mark, for the upward direction it has to maintain itself above 3000 mark.

• STI having a major resistance area above the 3040, as previously STI faced resistance this same levels and cant able to crossed this and this time if it crossed and maintain and crossed than we can see more upward rally in the markets.

>> SUPPORT:-

• STI having nearest support @ 2985 level and below this level it can take support @ 2965-2945 will be the support zone for STI.

>> RESISTANCE:-

• STI having Resistance @3015 and above this level it may take resistance @ 3040-3060 levels.

>> TECHNICAL INDICATOR:-

• Technical indicators are looking bearish on chart.

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