MARKET FORECAST
Tomorrow when STI were breached its major support levels 1st its 61.8% retracement @ 3058.60 and 3055.56 which is its 200 Day MA
level, than it formed a long bearish candle which denotes the bears are rules the market and in back of this today is also market follows a
down trend and breached its support level and now it can move more 100-150 points from this level.
SUPPORT
As today STI made a low of 2988 but closed above 3000 mark so from this level STI still having major Support @ 2990 level and if STI can
sustain this level than it can move more down side up to 2950-2920
RESISTANCE
STI having Resistance @ 3056 its 200 Day MA level and if sustains this than can go for 3070-3100
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