Tuesday, 31 May 2011

1 june STI FORECAST

STI SUPPORT
STI having strong support @ 3125 below this level 3110-3090 will be the strong support zone for market.
STI RESISTANCE
STI having Résistance @ 3170 levels it's a previous level and also above the last weeks high of 3168, above 3170 next resistance comes @
3190-3210... read more

Saturday, 28 May 2011

WEEKLY STI FORECAST 30 may to 3rd june /singapore stocks

STI Resistance

STI having major resistance @ 3170 level above this level 3225-3250 will be the major Resistance for market.

STI Support

STI having strong support @ its 3110 and below this level 3090-3040 will be the major support zone for coming week.

This week STI was full of ups and down, on the very 1st day of week it loss ground and breached all the support levels but
finally closed above 3100 levels.
STI opens @ 3168.54 and faced free fall on the very first day of trading week it fell 75.74 points and then took support @ its
50 week MA level of 3092.80, from this level it was continuously try to cover all losses and maintain it above 3100 level
and finally it covers and made a high of 3154.54 on last trading day but finally closed @ 3135.52 with loss of 33.02 points
down by 1.04% wow basis.
Finally with the end of the week STI closed above its 50-100-200 day MA levels @ 3135.52, previously this level was the
major level from where STI goes upwards.
Market Forecast for Week Ahead
As we previously mention in our report that STI trading below its down slopping upper trend line which made by lower
highs and STI cant able to crossed this trend line and continuously trading below this range.
If we see in the weekly chart of STI than we find that it is taking support @ its 50 week MA level past many weeks and
closed above this level so this level will be act as a very strong support for market.
As we know that STI trading above its 61.80% retracement level, and in this range it is in consolidation phrase and we
know it is in 2900-3200 range from many months and for any major move it have to crossed 3272 level and for down side
have breached its 2900 level........

Thursday, 26 May 2011

SGX NIFTY 27 may 2011

SGX NIFTY

TRADING IN GREEn.

Sgx Nifty Future


5426.00        30.00    0.55 %
as on 27th May. 2011    ..... read more

STI SUPPORT RESISTANCE 27 may 2011

STI SUPPORT 27 may 2011
STI having strong support @ 3090 @ its 50 week MA levels and below this level it can take support @ 3045-3010 levels.

STI RESISTANCE 27 may 2011
STI having Resistance comes @ its 200 day MA level @3134 and if it will maintain itself above this level because it will already crossed the
50-100 day MA when it will reached to its 3134 levels so after that we can expect good up move in the market next resistance comes @ 3150-
3170 .....read more

Wednesday, 25 May 2011

26-5-2011 STI FORECAST

STI SUPPORT
STI having strong support @ 3090 @ its 50 week MA levels and below this level it can take support @ 3045-3010 levels.

STI RESISTANCE
STI having Resistance @ 3135 and above this level 3150-3170 will be the small and also major resistance zone for STI..... read more

Tuesday, 24 May 2011

25-5-2011 STI FORECAST

singapore stocks, sgx nifty closing 

STI SUPPORT

STI having strong support @ 3090 @ its 50 week MA levels and below this level it can take support @ 3045-3010 levels.

STI RESISTANCE

STI having Resistance @ 3135 and above this level 3150-3170 will be the small and also major resistance zone for STI...... read more

Monday, 23 May 2011

STI FORECAST 24-may-2011

STI SUPPORT


STI having strong support @ 3090 @ its 50 week MA levels and below this level it can take support @ 3045-3010 levels.


STI RESISTANCE


STI having Resistance @ 3135 and above this level 3150-3170 will be the small and also major resistance zone for STI................... read more........

Friday, 20 May 2011

STI FORECAST WEEKLY (23 may 2011-27 may 2011)

SINGAPORE STOCKS

Weekly Wrap of STI

STI this week manage to maintain itself above major resistance zones and closed on higher side with continuation of last
week's rally.
STI opens @ 3163.68 and then it fell down and took support @ weekly low of 3124.93 levels and again turns to make a
high of 3180.52 @ the same level of last week and finally closed @ 3168.54 near to opening level with gain of 4.86 points
up by 0.15%.
STI facing resistance @ its previous week's top level of 3180.53, but not able to crossed this level so for next week it will be
major Resistance zone for market.
Market Forecast for Week Ahead
With continuation of previous weeks winning strike STI manage itself to maintain above the resistance levels, but can able
to breach last week's high almost made a same high this week too.
As we previously told that STI trading in a under it's down sloping trend line which is draw along with lower highs which
means it is not able to maintain higher levels and making a lower highs. And this week too it was not able to cross the trend
line.
STI trading between its 76.4% and 61.8% retracement levels and because these levels are already a higher levels so STI the
bulls and bear both fearful with this and taking cautious approach and result the STI trading in a range of 2910-3210 level.

For the coming week if STI maintains itself above 3185-3210 level than we can expect that it can move towards higher
levels, but on the other side of coin if it breached its 100 Day MA level and maintain this than it can go further down side.

STI Resistance
STI having major resistance @ 3185-3210 level above this level 3225-3250 will be the major Resistance for market.

STI Support
STI having strong support @ its 3135 level @ its 100 day MA level and below this level 3100-3170 will be the support zone

Thursday, 19 May 2011

20-5-2011 STI FORECAST

STI SUPPORT


STI having strong support @ 3150 and below this level it can take support @ 3135-3110 levels.

STI RESISTANCE


STI having Resistance @ 3190 and above this level 3210-3225 will be the small and also major resistance zone for STI.........read more ..

Wednesday, 18 May 2011

19-5-2011 STI FORECAST / Singapore stock exchange

SGX

STI SUPPORT

STI having strong support @ 3100 and below this level it can take support @ 3070-3050 levels.

STI RESISTANCE

STI having Resistance @ 3150 and above this level 3170-3190 will be the small and also major resistance zone for STI.... CLICK HERE TO SEE MORE 

MARKET REVIEW
STI having a very range bound movement after a one day holiday; STI total movement for the day was only 20 points.
STI opens above its 100 day AM level but can't sustain and slips below this level and took support @ 3124.93 levels below its 200 day MA
levels. Finally closed at higher side, made a high of 3145.10 and closed @ 3141.21 with gain of 4.73 points up by 0.15%.
MARKET FORECAST
in the opening session STI, breached its 100 day MA level, and took support at its near to its 200 day MA level of 3128.03 @ 3124.93, and
closed near to its days high and above its 100 day MA level.
STI formed a very short candlestick, due to low movement in the market, STI traders in a very low range of 20 points whole day and so it formed
a short candlestick patter.
As STI closed below its major support zone of 3135 i.e. 100 day MA level, so we expect further down trend in the market and also @this level
some strong technical indicators are coming together, like its 200 Day MA denote with blue line comes @ 3128.03 major support zone comes
@ 3116 denoted with white horizontal line and below this its 50 day MA level comes @ 3113.41 denoted with yellow line. So STI can take
support on these levels or if it will cross these levels than it can go more down side.

Monday, 16 May 2011

Singapore Stock Exchange (SGX) forecast 18 may

Singapore Stock Exchange (SGX)

STI SUPPORT

STI having strong support @ 3100 and below this level it can take support @ 3070-3050 levels.

STI RESISTANCE

STI having Resistance @ 3150 and above this level 3170-3190 will be the small and also major resistance zone for STI.

TECHNICAL VIEW
MARKET REVIEW
STI sheds previous days gain and loss it's more than 30 points in the opening session and closed @ 100 day MA level.
STI opens @ day's high of 3163.68 but can't sustain the higher levels due to global market weakness and fell more than 30 points and made a
low of 3126.80 @ its 200 day MA level and finally closed @3136.48 with loss of 27.20 points down by 0.86%.

MARKET FORECAST
STI, breached its 100 day MA level, and took support at its near to its 200 day MA level of 3126.31 @ 3126.80, and closed just above its 100
day MA level of 3135.57 @ 3136.48. as we previously told STI having a strong support zone between 3150-3100 levels.

STI formed a long black candlestick with the strong bearish signals; this black candle sheds past two days profit and closed days low.
As STI closed below its major support zone of 3135 i.e. 100 day MA level, so we expect further down trend in the market and also @this level
some strong technical indicators are coming together, like its 200 Day MA denote with blue line comes @ 3124 major support zone comes @
3116 denoted with white horizontal line and below this its 50 day MA level comes @ 3108.35 denoted with yellow line. So STI can take
support on these levels or if it will cross these levels than it can go more down side.,,,,               CLICK HERE FOR SGX NIFTY TIPS

Saturday, 14 May 2011

16 may to 20 may sti forecast / sgx


Weekly Wrap of STI 

STI Resistance

STI having major resistance @ 3185-3210 level above this level 3225-3250 will be the major Resistance for market.

STI Support

STI having strong support @ its 3135 level @ its 100 day MA level and below this level 3100-3170 will be the support zone
for next week.

STI took support @ its 50 weeks MA level of 3080.04 last week and this week market opens well above this level @
3099.52 and closed with good gain.
STI opens @ 3099.52 levels and it's a lowest point of the week, after that it climbs and made a high of 3180.53 but cant
sustains its higher levels and finally closed @ 3163.68 with gain of 64.16 points up by 2.07% week on week basis.
STI closed well above to its major resistance level of 100 day MA @3135.80, which is good sign for the market.
Market Forecast for Week Ahead
After a last week's sharp down fall STI took support @ 50 week MA level and this week opens above this level and maintain
itself to trade above this level.
As we previously told that STI trading in a under it's down sloping trend line which is draw along with lower highs which
means it is not able to maintain higher levels and making a lower highs. And this week too it was not able to cross the trend
line.
STI trading between its 76.4% and 61.8% retracement levels and because these levels are already a higher levels so STI the
bulls and bear both fearful with this and taking cautious approach and result the STI trading in a range of 2910-3210 level.
For the coming week if STI maintains itself above 3180-3210 level than we can expect that it can move towards higher
levels, but on the other side of coin if it breached its 100 Day MA level and maintain this than it can go further down side.

Wednesday, 11 May 2011

STI FORECAST , STI CHART 11 may



STI SUPPORT
STI having strong support @ 3150 and below this level it can take support @ 3135-3100 levels.

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


MARKET REVIEW
STI today crossed its major resistance level and maintain above this level and closed near at day's high.
STI opens 3150 level @ 3156.26 this is also a low of the day after opening at this level it go upwards and made a high of 3180.53, finally closed
near today high @ 3177.18 with gain of 20.92 points up by 0.66%.

MARKET FORECAST
STI opens above its resistance level of 3150 @ 3156 and made a day high @ 3180.53 and finally closed above its multiple resistance level of
3170 @ 3177.
STI from past 3 days trading in a upward direction and for this reason formed a 3 white candle which is looking like 3 shoulders , and future
move still looks bullish on charts.
As STi closed above its major and multiple Resistance level of 3170 , so if for coming days it will sustains this level than it can go further upside
, now its next major level comes @ 3210.
CLICK HERE TO CONTINUE 

Tuesday, 10 May 2011

11-5-2011 STI FORECAST

STI SUPPORT
STI having strong support @ 3120 and below this level it can take support @ 3090-3070 levels.

STI RESISTANCE
STI having Resistance @ 3170 and above this level 3190-3210 will be the small and also major resistance zone for STI.


MARKET REVIEW
With the previous days big up move STI today also give good movement and closed above Resistance area.
STI opens above 100 day Ma level and after that made a low of 3130.45 but took support @ that level and after that made a high of 3164.98
near to major Resistance zone of 3170, but finally closed @ 3156.64 with gain of 19.32 points up by 0.62%

MARKET FORECAST
As yesterday STI closed above its 100 day MA level and formed a highly bullish candlestick so with these positive biased STI today gives a good
movement and closed above its good Resistance level.

STI manage to maintain it's self above its 100 day MA level of 3135.34 and also made a high near to its major and multiple resistance as well as support zone of 3170 @ 3164, but closed below the day's high and with this movement formed a long white Candlestick pattern.As previously STI can face resistance @ 100 day MA level and as today if it will sustains this level and it can go higher side... CLICK HERE TO SEE MORE or SUBSCRIBE FREE