Showing posts with label sti sgx picks. Show all posts
Showing posts with label sti sgx picks. Show all posts

Monday, 18 April 2011

Technical Report on STI for 19 April 2011


STRAITS TIME LEVELS
Support 1 - 3130
Support 2 - 3100
Support 3 - 3080
Resistance 1 - 3180
Resistance 2 - 3200
Resistance 3 - 3225


TECHNICAL VIEW
MARKET REVIEW
In the 1st half of STI was quite good, but it was under selling pressure in the second half of the trading day.
STI opens @ 3153.30 levels and then made a high of 3168.61, but cant able to sustain at higher levels and slips and took support near to 100
Day MA level @ 3136.23 and finally closed @ 3144.38 with loss of 8.92 points down by 0.28%.


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