3:43 AM
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Technical View for Straits Times
STI today opens with good gap @ 3070.60 and trading in a bearish trend whole day and made a low of 3017.01, today it breached it both
crucial support levels and fall hugely.
STI closed almost days low @ 3019.21, took support @ 3017.01 STI open with gap down @ 3070.60 and trading in a down trend and
finally closed with loss of 51.48 points down by 1.68%
Market Overview for Strait Times
STI breached its both major support levels 1st its 61.8% retracement @ 3058.60 and 3055.56 which is its 200 Day MA level, and after that it
were took support near to given support level of 3020 @ 3017.01 levels , but now it is in bearish zone and now it can move more 100-150
points from this level.
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