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%
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
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