SGX SINGAPORE (STI LEVELS ) 1 April

STRAITS TIME LEVELS 1 april

Support 1        3070

Support 2        3040

Support 3        3010

Resistance 1    3118

Resistance 2    3150

Resistance 3    3180 

MARKET REVIEW
STI closed above 3100 mark @ 3105.85, opens above its 200 day MA level of 3090 and after that made a high of 3115.47.
STI opens above 200 day MA level @ 3095.32 and made a low of 3092.61 took support at its 200 day MA level and then made a high of
3115.47 but closed with slide downwards @ 3105.85 with gain of 10.53 points up by 0.55%.

MARKET FORECAST
Today STI closed above its 3100 mark, as we told in our yesterdays report that 50 and 200 day MA level of 3088.37 and 3089.23
respectively, crossed each other's which is a positive sign for market, and today STI opens above its 200 Day MA level of 3090.52.

STI made a high of 3115.47, today also it was not crossed its major Resistance level of 3118-3120, as we told that if STI maintain its next
Resistance of 3118-3120 than we can expect more upside, previously STI faced Resistance @ same level and reverse from this level trice,
now we expect that STI can crossed this level and also maintains above this level too.......... CLICK HERE TO SEE MORE
 

SGX SINGAPORE (STI LEVELS ) 31 march

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STRAITS TIME LEVELS 31 march

Support 1            3070

Support 2            3040

Support 3            3010

Resistance 1      3118

Resistance 2      3150

Resistance 3      3180............ CLICK HERE TO SEE MORE 

WORLD MARKET UPDATE 31 march

Global Markets update: 
SGX NIFTY Up 2
DJIA Up 71 (0.6%) 
NSDQ Up 19.9 (0.7%) 
FTSE 100 Up 16.1 (0.3%) 
Asian Markets as on 8.45 AM NIKKEI Down 2.88 (0.03%) 
HANG SENG Up 45.7 (0.19) .........CLICK HERE TO SEE MORE

Singapore Stocks, SGX Singapore, Singapore Shares,

STRAITS TIME LEVELS

Support 1           3020

Support 2           2990

Support 3           2960

Resistance 1      3070

Resistance 2      3100

Resistance 3      3130 

TECHNICAL VIEW

SGX SINGAPORE MARKET REVIEW

STI today traded in very narrow range it was stuck between 20 points of range and closed with nominal change.

STI opens @ 3057.38 and after that made a low of 3044 and then made a high of 3063.71 and finally closed same level of opening @

3056.95 with loss of 0.43 down by 0.01%.

MARKET FORECAST

Today STI formed a candlestick pattern called DOji as it opens and closed almost same level, so with this candle the Bulls and Bears are

equally participate in the market.

As we told in our previous reports that STI having a trading range of 2950-3120 and it is moving between this range only and before last

week STI breached this 2950 level and made a low of 2919 took support @ its 61.8% retreatment level.

Today STI faced Resistance near to its Resistance level of 3070 which is its previous multiple support as well as Resistance level, so now this

level again act as a Resistance for the Market and also it took support @ up slopping trend line today.

So the coming days , STI have to maintain above its 3070 levels for upwards rally and also not to breached its up slopping trend line level if

breached than it can go further down side..... CLICK HERE FOR MORE INFO AND FREE SUBSCRIPTION VIA MAIL

SGX SINGAPORE stock price

TECHNICAL VIEW SGX SINGAPORE

MARKET REVIEW

After a winning strike of last week on the very first day on new week STI closed with some lose.

STI opens @ 3070.84 at days high but not sustains that higher level and made a low of 3044.33 and finally closed with some points of

recovery @ 3057.38 losses of 13.46 points down by 0.44%.

MARKET FORECAST

As we told in our previous reports that STI having a trading range of 2950-3120 and it is moving between this range only and before last

week STI breached this 2950 level and made a low of 2919 took support @ its 61.8% retreatment level.

Today STI faced Resistance @ 3070 level which is its previous multiple support as well as Resistance level, so now this level again act as a

Resistance for the Market and also it took support @ up slopping trend line today.

So the coming days , STI have to maintain above its 3070 levels for upwards rally and also not to breached its up slopping trend line level if

breached than it can go further down side.

STI SUPPORT

STI having strong support @ 3020 and below this level it can take support @ 2990-2960 levels.

STI RESISTANCE

STI having Resistance @ 3070 and above this level 3100-3130 will be the major resistance zone for STI......CLICK HERE FOR MORE

WORLD MARKET UPDATE 29 march

• US & European markets closed mild negative.

• Asian markets opened mixed.

• SGX nifty is down 10 points at 8 am.

• Dollar index is at 76.22.

• Gold is at $1418 and crude at $107.31.

• London future is down 10 points at 8 am.

• Dow future is down 22 points at 8 am..... CLICK HERE  FOR MORE

SGX SINGAPORE (STI LEVELS ) THIS WEEK

Market Forecast for Week Ahead

STI closed above its 50 weeks MA level of 3039.81 and also major resistance of 3035.81, which was previously act as a

support level.

As STI trades on upward direction whole week, and with bullish temperament it has formed bullish white candlestick

pattern which is highly bullish and denotes further bullishness in the market.

For the coming days still we feel some consolidation on upwards as market is above to its 61.8% retracement level and

expected that it will take support @ this level and if it will not sustains this level than it will go more down side... CLICK HERE FOR MORE

SGX SINGAPORE (STI LEVELS ) 28 march

STI LEVELS
Support 1       3040
Support 2       3010
Support 3       2990-2960
Resistance 1   3090
Resistance 2   3120
Resistance 3   3150... CLICK HERE FOR MORE

WORLD MARKET UPDATE 24 march

 US & European markets closed positive.

 Asian markets opened positive.

 SGX nifty is up 33 points at 8 am.

 Dollar index is at 75.71.

 Gold is at $1433 and crude at $105.38.

 London future is up 48 points at 8 am.

 Dow future is up 36 points at 8 am.... CLICK HERE TO SEE MORE

SGX SINGAPORE ( STI LEVELS)

TECHNICAL VIEW

SGX ( STI) MARKET REVIEW

STI traded above its major resistance level and also crossed its 3000 mark, gave closing above the 3000 level @ 3002.75.

STI opens @ 2983.51 and after that made a low of 2980.10 and took support @ that level and from there it was continue trading upwards

and made a high of 3010.85 crossed its 3005 level which is Resistance level and finally closed @ 3002.75 with gain of 19.24 up by 0.64%.

MARKET FORECAST

As we told previously that STI took support @ its 61.8% retracement level of 2920 and clime upwards and today it crossed its 3000 mark

and also closed above this, it is a positive sign for STI.

STI trading below its up slopping trend line and now for coming days this trend line i.e. 3035 level will be the act as a major Resistance level

so if the STI comes above this and maintain this level than only it will be come in the safe zone .

After a breakout of up slopping trend line it is trading @ lower levels and also consolidating there but still not breaching the support level of

2920 if it breaks this level than it will be a cautious situation.

STI SUPPORT

STI having strong support @ 2980 and below this level it can took support @ its 2950 level afterwards 2920 which is its 61.8% retracement

will act as a major Support.

STI RESISTANCE

STI having Resistance @ 3035 and above this level 3070-3100 will be the major resistance zone for STI........ CLICK HERE FOR MORE SGX MARKET LIVE 

SGX SINGAPORE (STI LEVELS ) 22 march

MARKET REVIEW

After a lacklustre week, STI starts its new week with bang and closed positive with good amount of gain almost on days high.

STI opens @ 2935.78 and from there it was continue trading upwards and made a high of 2990 level just above our major resistance level

and finally closed @ 2983.51 with gain of 47.73 up by 1.63%

MARKET FORECAST

STI took support @ its 61.8% retracement level of 2920 and clime upwards today it's a good sign as this retracement level act like strong

level and as we told if STI takes Support above 2920 than chance are likely to move upward direction.

STI trading below its up slopping trend line and now for coming days this trend line i.e. 3035 level will be the act as a major Resistance level

so if the STI comes above this and maintain this level than only it will be come in the safe zone .

After a breakout of up slopping trend line it is trading @ lower levels and also consolidating there but still not breaching the support level of

2920 if it breaks this level than it will be a cautious situation.

STI SUPPORT

STI having strong support @ 2920 which is its 61.8% Retracement level if STI breached this level than it can go for 2885-2855 level.

STI RESISTANCE

STI having Resistance @ 3005 and above this level 3035-3070 will be the major resistance zone for STI..... CLICK FOR FREE SUBSCRIPTION

Singapore Stock Exchange (Weekly technical report on STI)

WEEKLY TECHNICAL VIEW ON STI (21 march to 25 march )

Weekly Wrap of STI
Strait Times breached its major support level of 3040 and sustains below this whole the week and took support @ 2919.98 below its
61.8% retracement level.
STI opens just below its 50 week MA level @ 3043.49 and trades below this level whole the week, took support below its 61.8%
retracement level of 2919.98, the retracement level was @ 2925.81, and closed just above this level of 2935.78 with loss of 107.71
points down by 3.54%.
Market Forecast for Week Ahead
STI made a high of 3043. 49 in opening session as STI having support level @ 3040 which is up slopping trend line level, and STI

breached this level and sustain also below this and took support below its 61.8% retracement level on weekly graph and for coming
days this will be the major support level for market.

STI was trade in the 3150-2950 range from past some days and now STI breached this range and closed below this level so now we
can say that it is in downtrend and now it can go more 100-150 points.
For the coming days still we feel some consolidation to downtrend as market is near to its 61.8% retracement level and expected that
it will take support @ this level and if it will not sustains this level than it will go more down side.

STI Resistance
STI having major resistance @ 2950 level above this level 3000-3050 will be the major Resistance for market.

STI Support
STI having strong support @ its 2910 level and below this level 2870-2840 will act as a support zone for market.
Technical Indicators
Technical Indicators are in bearish zone RSI trading @ 36.42 and MACD is also in bearish zone.... CLICK HERE FOR FREE STOCK PICKS

streigth time levels support resitance 18 march

MARKET REVIEW

After a pull back of yesterday today again STI loosing the ground and trades on lower levels and finally closed below major support level of

2950.

STI opens with gap and after that it consolidate all the day in the very narrow range and finally closed @ 2942.88 after made a low of

2933.28 with loss of 28.12 points down by 0.95%.

MARKET FORECAST

After a breakout of up slopping trend line it is trading @ lower levels and also consolidating there but still not breaching the support level of

2920 if it breaks this level than it will be a cautious situation.

STI took support just above its 61.8% and 76.4% Retracement level Daily & Weekly charts respectively, as we told previously that if STI

breached its 61.8% retracement level on weekly chart than it can move 100-150 points down side.

STI SUPPORT

STI having strong support @ 2920 which is its 61.8% Retracement level if STI breached this level than it can go for 2885-2855 level.

STI RESISTANCE

STI having Resistance @ 2985 and above this level 3005-3035 will be the major resistance zone for STI.... CLICK HERE FOR MORE

WORLD MARKET 18.3.2011

Dow 11775 (+161) Nasdaq 2636 (+19) HangSeng 22354 (+70) SGX Nifty 5491 (+12) Nifty Supp: 5434/5400 Resi: 5465/5480. Ystd FIIs -1128.6 Cr & DIIs +432 Cr in cash.Dow 11775 (+161) Nasdaq 2636 (+19) HangSeng 22354 (+70) SGX Nifty 5491 (+12) Nifty Supp: 5434/5400 Resi: 5465/5480. Ystd FIIs -1128.6 Cr & DIIs +432 Cr in cash... CLICK TO SEE MORE

STREIGHT TIME LEVELS

MARKET REVIEW
STI recovers some losses and closed with gain, STI opens with gape and closed near to day's high.
STI opens with 33.92 points of gap up but cant sustains @ higher levels and made a low of 2946.08 and after that its recovers and closed @
almost higher level @ 2971 with gain of 24.92 points up by 0.85%

MARKET FORECAST
STI breached its up slopping trend line tomorrow and trading below this level i.e. 3025 on daily graph and today it recovers some points and
took support @ 2946 level.
STI took support just above its 61.8% and 76.4% Retracement level Daily & Weekly charts respectively, as we told previously that if STI
breached its 61.8% retracement level on weekly chart than it can move 100-150 points down side.

STI SUPPORT
STI having strong support @ 2920 which is its 61.8% Retracement level if STI breached this level than it can go for 2885-2855 level.

STI RESISTANCE
STI having Resistance @ 2985 and above this level 3005-3035 will be the major resistance zone for STI... CLICK HERE FOR MORE

STRIGHT TIME LEVELS

STI MARKET REVIEW
STI plunge more than 100 points today's trade and breached all the decisive support levels and closed below major support level of 2965 @
2946.08.
STI opens with 21 points of gap and made a low of 2932.35 and consolidate day long between 2960-2940 levels and finally closed @
2946.08 with loss of 84.78 points down by 2.80%

MARKET FORECAST
STI breached its up slopping trend line today i.e. 3025 level on daily graph and also break all the immediate support level too and closed
below major Support level of 2965 @ 2946.08.
STI took support just above its 61.8% and 76.4% Retracement level Daily & Weekly charts respectively, as we told previously that if STI
breached its 61.8% retracement level on weekly chart than it can move 100-150 

points down side.

STI SUPPORT
STI having strong support @ 2920 which is its 61.8% Retracement level if STI breached this level than it can go for 2885-2855 level.

STI RESISTANCE
STI having Resistance @ 2975 and above this level 3005-3035 will be the major resistance zone for STI.... CLICK FOR FREE SUBSCRIPTION

sgx nifty CURRENT PRICE

sgx nifty is down to 2380 on thin volumes of 6000 lots... CLICK HERE TO SEE MORE

WEEKLY REPORT STI

WEEKLY TECHNICAL VIEW ON STI

Weekly Wrap of STI
Strait Times likely to slide on last day of week following Wall Street's losses overnight as economic and geopolitical fears in the
Middle East undermined the appetite for risk, sending equity markets lower around the globe.

STI trades above major Resistance zone of 3060 in 1st four day of the week but due to some technical and fundamentals STI did not
sustain @ its higher levels and closed down by 0.58% wow basis.
Market Forecast for Week Ahead
STI made a high of 3113.02 and previously STI took Resistance and Support at this level many times so its a very crucial level to cross
STI, it is not maintain above this level since past 2 months and again and again facing Resistance this level.

STI trading above its 76.4% retracement level which is already a very higher level and may be for this reason it is in consolidation
phrase and STI stick with the 3120-2950 level.
For the coming days still we feel some consolidation in the market as STI trading @ 3043.49 level and well above than up sloping
trend line so whenever it will not breached this level of 3020 it will be the upper zone and we expect bulls will heavy in the market but
below 3020 level bears may rule the market .

STI Resistance
STI having major resistance @ 3077 level above this level 3118-3135 and 3160 will be the major Resistance for market.

STI SupportSTI having strong support @ its 3020 level and below this level 2990 -2950 will act as a support zone for market... CLICK FOR FREE SUBSCRIPTION

S&P CNX NIFTY

S&P CNX NIFTY-Over View

S&P CNX NIFTY is the Blue chip Index of NSE.The top 50 companies listed on NSE from Various sector like IT,Banking,Cement,Oil,Steel,Infrastructure etc are included in Nifty Index with different weightage(Top weightage-Reliance,Infosys,Icici bank,Lt,HDFC)is given to each company.Nifty Index is professionally managed and moreover it can be considered as a barometer of Indian Economy.Earnometer.com will give you daily indepth technical analysis report of Nifty,Analysis of Nifty in future and option,Performance of share included in Nifty for medium-long term and for very short term.Earnometer.com also covers breadth indiacator like advance-decline ratio,put call ratio,Bullish percent index,Advance decline volume Fundamental Growth rate like Price Earnings Ratio,Index EPS,Dividend ratio other economic ratio like GDP growth rate etc.All the analysis report is updated daily .. CLICK HERE FOR FREE SUBSCRIPTION

SGX NIFTY LIVE CHART

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support and resistance

sti index live

Support 1	Support 2	Support 3	Resistance 1	Resistance 2	Resistance 3
3060	3030	3000	3100-3118	3158	3180

CLICK HERE FOR FREE SUBSCRIPTION

STI LIVE CHART / TECHNICAL ANALYSIS

MARKET REVIEW

CLICK HERE FOR FREE STOCK PICKS 

Today STI trades below 3100 mark, opens @ days high and closed almost @ days low @ its 200 day MA level, but STI took support @ its

major support level of 3070.55.

STI opens @ 3092.90 levels and after that made a high of 3094.38, but took support @ its major support level of 3060 and finally closed @

3075.44 with loss of 17.46 points down by 0.56%

MARKET FORECAST

Today STI trades below 3100 mark, opens @ days high and closed almost @ days low @ its 200 day MA level, but STI took support @ its

major support level of 3070.55.

STI opens @ 3092.90 levels and after that made a high of 3094.38, but took support @ its major support level of 3060 and finally closed @

3075.44 with loss of 17.46 points down by 0.56%

STI RESISTANCE

STI having Resistance @ 3100 and 3118 which is multiple resistance and support level previously, so if maintains this level than it can go to

breach its 50 day MA level of 3157.75 and above this 3180 will be the next level for STI.

STI SUPPORT

STI having strong support @ 3060 level if STI breached this level than it can go for 3030-3000 level.

TECHNICAL INDICATORS

Indicators are bullish on daily charts; MACD is looking bullish as it is trading with bullish crossover, and RSI were losing the ground and cant

able to sustain above its centreline of 50 and closed below this level @ 47.61.

STI SUPPORT RESISTENCE 10 march

sti index live

Support 1	Support 2	Support 3	Resistance 1	Resistance 2	Resistance 3
3060	3030	3000	3118	3158	3180

CLICK HERE FOR FREE SUBSCRIPTION

SGX NEWS 10 march

CLICK HERE FOR FREE SUBSCRIPTION 

MARKET REVIEW
STI opens above 3100 mark and made a high of 3113.05 very near to our resistance level but cant sustains its higher level and closed below
3100 mark.
STI opens @ 3103.84 levels and after that made a low of 3087.84, but took support and made a high of 3113.02 and finally closed @
3092.90 with loss of 10.94 points down by 0.35%.

MARKET FORECAST
Today again STI faced resistance @ higher levels and finally closed below 3100 mark but well above its good support level, so the positive
sentiments are there in the market.
After a weeklong consolidation, finally STI crossed its major Resistance level of 3072 and also maintain this level. From past few trading
session as it was not able to sustain this level, besides that STI today traded above this level and also closed near its 3100 mark.
As we told in our previous report that STI having its 200 day MA level of 3072.07; if STI sustains this level and closed well above this level , so
we can say STI is bullish on charts and expect 100-150 points on gain from this level.

RESISTANCE
STI having Resistance @ 3118 which is multiple resistance and support level previously, so if maintains this level than it can go to breach its
50 day MA level of 3157.75 and above this 3180 will be the next level for STI.

SUPPORT
STI having strong support @ 3060 level if STI breached this level than it can go for 3030-3000 level.

TECHNICAL INDICATORS
Indicators are bullish on daily charts; MACD is looking bullish as it is trading with bullish crossover, and RSI also trading above its centreline
of 50 @ 50.36 recovers from lower levels.

STI LEVEL TODAY

MARKET REVIEW

Finally STI breached its major Resistance level and maintain above, from the opening bell STI were on firm node and closed above its 3100

mark after 14th Feb 2011.

STI opens @ 3066.52 levels and after that made a low of 3062.52, but took support and made a high of 3015.90 and finally closed near

today's high @3103.81 with gain of 37.32 points up by 1.22%.

MARKET FORECAST

After a weeklong consolidation, finally STI crossed its major Resistance level of 3072 and also maintain this level. From past few trading

session as it was not able to sustain this level, besides that STI today traded above this level and also closed its 3100 mark also.

STI having its 200 day MA level of 3072.07; today f STI sustains this level and closed well above this level , so now we can say STI is looking

bullish on charts and expects 100-150 points on gain from this level.

STI RESISTANCE

STI having Resistance @ 3118 which is multiple resistance and support level previously, so if maintains this level than it can go to breach its

50 day MA level of 3157.75 and above this 3180 will be the next level for STI. 3100.

SUPPORT

STI having strong support @ 3060 level if STI breached this level than it can go for 3030-3000 level.

STI TECHNICAL INDICATORS

Indicators are bullish on daily charts; MACD is looking bullish as it is trading with bullish crossover, and RSI also trading above its centreline

of 50 @ 52.12 recovers from lower levels.

support resistance

STI & STOCKS 

MARKET REVIEW 8 march

STI opens with gap down today, but recovers sharply after make a low of 3047.59 in the 1st half of trading and in the reopening session it

was range bound.

STI opens @ 3061.31 levels and after that made a high of 3074.93 very near to our major resistance of 3075, and finally closed @ 3066.52

with gain of 5.21 points up by 0.17%.

MARKET FORECAST

STI trading in a consolidation phrase from past 5-6 days as we previously told that it is facing Resistance @ its 3070 levels and cant able to

maintain above this level, in the last week made a high of 3084 but still closed below its 3070 level and today also not sustains this level.

STI having its 200 day MA level of 3070.13; if STI sustains this level than only we can see some bullish signal in the market otherwise it can

move more downside from this level.

RESISTANCE

STI having Resistance @ 3072 which is a good Resistance zone as this level is good support for STI previously and if sustains than next

higher level comes @ 3100-3130.

SUPPORT

STI having strong support @ 3040 level if STI breached this level than it can go for 3010-2980-2965 level soon.

TECHNICAL INDICATORS

Indicators are bullish on daily charts; MACD is looking bullish as it is trading with bullish crossover, but RSI trading below its centreline of

50 @ 46.18 besides recovers from lower levels.

Fortune Real Estate stock

TECHNICAL OUTLOOK
Fortune Real Estate Inv Trust HKD technically looks bullish on both the short term and long term graph as
it was closed above its 50 day MA level of 4.009 @ 4.010, up by 2.82%.
Fortune Real Estate having strong Resistance @ its 4.010 level and we suppose that above this level one
can take long position for 4.04-4.08-4.12.
FTR having support @ 3.95 levels and below this 3.88-3.84 will be the major support zone for the scrip.
Technical indicators are looking bullish on charts, MACD expected to give bullish sign on daily Graph.

STI SUPPORT RESISTANCE TODAY

WEEKLY TECHNICAL VIEW ON STI

Weekly Wrap Of STI

STI pulls back in the last week and closed above its major Resistance level of 3060 @ 3061.31.

Technically, STI breached its 50 weeks MA level of 3035.23 this week and closed also below this level.

As STI closed on positive note in the month of Feb, Opens up on 1day on this months and maintain itself above 3000 mark and finally

closed near to its crucial Resistance zone.

Market Forecast For Week Ahead

On the Weekly graph STI trading above its up sloping trend line which were act as a decisive level for STI as previously it was a major

Resistance and now when STI were trading above the up sloping trend line then it will act as a major Support zone .

STI breached its 50 week MA level of 3032.32 and after that it made a high of 3083.29, but finally closed below the high and above

the 50 weeks MA level @ 3061.31.

For the coming week if STI maintain itself to trade above 3072 level than only we can say it will go more upside, however STI trade in a

upward direction still it can't able to sustains its higher level and facing tremendous resistance pressure @ that level, so for Next

week if it able to hold this higher level han it can go up wards or it may be a sideways.

STI Resistance

STI having major resistance @ 3072 level above this level 3100-3130 and 3160 will be the major Resistance for market.

STI Support

STI having strong support @ its 61.8% retracement level of 2925 and if it will crossed this level and sustains this than it can move

more 100-150 points from this level, because below this level the only immediate support comes @ its 200 week MA level of 2809.31

, so below 2925 its intermediate supports comes @ 2880-2809.

SGX MARKET VIEW 4 march

TECHNICAL VIEW SGX STOCK MARKET

MARKET REVIEW

Today STI gives opportunity to both the participant's bulls and bears. As STI opens and lift upside but facing hurdle @ its Resistance level of

3070 @ 3069.25 and come back to near the low.

STI opens above 3000 mark @ 3027.51 and from that level it was trades above this level and made a high of 3069.25 just near to our

resistance level of 3070 and finally closed @ 3037.35 near to day low of 3027.51 with gain of 9.84 points up by .33%.

MARKET FORECAST

STI closed near its day low, first STI go upwards and due to un sustainability @ higher levels STI closed @ lower levels and with this STI

formed a candlestick which is having a long upper shadow and small real body, this is typically a bearish signal particularly when it occurs

near a high price level, at resistance level, or when the security is overbought.

As we saw that from past three trading session STI in unable to cross its higher level of 3070 which is its good resistance level and also above

than its 200 day MA level of 3066.95, if STI sustains this level than only we can see some bullish signal in the market otherwise it can move

more downside from this level.

STI RESISTANCE

STI having Resistance @ 3072 which is a good Resistance zone as this level is good support for STI previously and if sustains than next

higher level comes @ 3100-3130.

STI SUPPORT

STI having strong support @ 3010 level if STI breached this level than it can go for 2965-2935 level soon

TECHNICAL INDICATORS

Indicators are loosing the strike MACD is looking still bullish but RSI trading below its centreline of 50 @ 41.19

STI SUPPORT RESISTANCE

TECHNICAL VIEW

MARKET REVIEW

On the 1st day of month STI trade positive biased as on the last day of Feb. it ends with showing signs of turning up and STI proves this and

closed with good gain today.

STI opens above 3000 mark @ 3010.51 and from that level it was trades above this level and made a high of 3072.01 just near to our

resistance level of 3072 and finally closed @ 3067.60 with gain of 57.09 points up by 1.90%.

MARKET FORECAST

STI closed near to its day high and it formed a Bullish white candlestick pattern, this is generally considered bullish, as prices closed

significantly higher than they opened. And in which situation it forms it will be a bullish signal for market, and also STI closed above its 200

day MA level of 3063.80 @ 3067.60.

As we told in our weekly report that STI trading @ its up slopping trend line and trying to maintain itself above this trend line and today also

it were closed above this trend line and not sustains below this which is good sign of recovery, if STI sustained this levels than we can see

100-150 points of recovery in the market.

STI RESISTANCE

STI having Resistance @ 3080 which is a good Resistance zone as this level is good support for STI previously and if sustains than next

higher level comes @ 3100-3130.

STI SUPPORT

STI having strong support @ 3045 level if STI breached this level than it can go for 3010-2965 level soon.

TECHNICAL INDICATORS

Indicators are turning with today's rally as RSI trading @ 44.41 levels very near to its centre line and MACD is turning to positive zone.