26 April STI FORECAST

TECHNICAL VIEW
MARKET REVIEW
STI again closed below its 3200 mark @3187.72 and closed down from the previous day.
STI opens below 3200 mark but in the 1st half it was trading above 3200 mark but not sustains its higher level and made a high of 3208.34
and finally closed @ 3187.72 with loss of 7.01 points down by 0.22%.

MARKET FORECAST
STI today made a high of 3208.34 but cant able to hold the higher levels and closed near today's low of 3186.72 @.
STI crossed its 3200 mark but cant sustains above this level, when it will sustains this level than we can expect the more upward levels ,
above 3200 the major resistance comes @ 3225.
STI looking overbought on its daily graph, if we see the technical Indicators like MACD is its over bought condition and RSI also making its
new high but not like MACD.

STI SUPPORT
STI having strong support @ 3170 and below this level it can take support @ 3140-3110 levels... CLICK HERE TO SEE MORE

STI RESISTANCE
STI having Resistance @ 3210 and above this level 3225-3250 will be the small and also major resistance zone for STI.