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SUPPORT 1
|
SUPPORT 2
|
SUPPORT 3
|
RESISTANCE 1
|
RESISTANCE 2
|
RESISTANCE 3
|
3040
|
3020
|
2995
|
3090
|
3100
|
3120
|
After last week’s performance, it’s a 2nd day straight fall in STI. Closed below the 76.4% retracement level, but took support near to 61.8% retracement level.
STI facing strong Resistance its 3090 levels as previously, it’s not easy for STI to crossed its very quickly and also the last week rally one of the reason for halt . Last week STI traded in a straight upward direction which is the reason of cautiousness in investors.
STI is in bullish phrase as it is trading above the resistance levels and if it will maintain above the 3020 mark it can move further upside.
STI Support Level
STI having nearest support @ 3040 level and below this level it can take support @3020-2995 will be the support zone for STI.
STI Resistance Level
STI having Resistance @3090 and above this level it may take resistance @ 3100-3120 levels.
Technical Indicators
Technical indicators are seems to recover from lower levels on charts.
STI facing strong Resistance its 3090 levels as previously, it’s not easy for STI to crossed its very quickly and also the last week rally one of the reason for halt . Last week STI traded in a straight upward direction which is the reason of cautiousness in investors.
STI is in bullish phrase as it is trading above the resistance levels and if it will maintain above the 3020 mark it can move further upside.
STI Support Level
STI having nearest support @ 3040 level and below this level it can take support @3020-2995 will be the support zone for STI.
STI Resistance Level
STI having Resistance @3090 and above this level it may take resistance @ 3100-3120 levels.
Technical Indicators
Technical indicators are seems to recover from lower levels on charts.
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