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Thursday, December 13, 2018

STI

Chart wise, STI is still being trapped in a consolidation mode . Today Gap up but close with a topping tail doesn't looks so bullish!


 Immediate Resistance is at 3150 level, Support is at the recent low of 3053.

 The index is trading at 3111.08, it would need a nice crossing over of 3150 in order to reverse this trend and rises higher!


 The Uptrend mode counter are a handful of them such as JapFa, Yoma Strategic and perhaps Genting Singapore.

 The Downtrend counters consist of Singpost, SIA Engineering, ThaiBev, SATs,UMS etc

 Bank counter are doing cha Cha dancing.. Same for Oil & Gas counter like Keppel Corp Sembcorp Marine etc . Either  waiting for breaking out or down moment! 


Not a call to buy or sell.

 Pls dyodd.

1 comment:

  1. Nice Article. Thank you for sharing the informative article with us. Stock Investor provides latest Indian stock market news and Live BSE/NSE Sensex & Nifty updates.Find the relevant updates regarding Buy & Sell....
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