singapore sgx: technical report on sti 04th feb 2014

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SINGAPORE EXCHANGE 04th Feb,2014 Technical Report Global Research Limited www.capitalvia.com.sg

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Singapore SGX: Technical View Of STI

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Page 1: Singapore SGX: Technical Report on STI 04th Feb 2014

SINGAPORE

E X C H A N G E

04th Feb,2014

Technical Report

G l o b a l R e s e a r c h L i m i t e d

www.capitalvia.com.sg

Page 2: Singapore SGX: Technical Report on STI 04th Feb 2014

Technical Report

STI Day Performance

Open

High

Low

Change(Points)

% Change

Volume

Rise

Fall

Unch

3011.41

3015.16

2989.00

2990.95

-36.27

-1.20

126

245

415

STRAITS TIME LEVELS

Support 1

Support 2

Support 3

Resistance1

Resistance 2

Resistance 3

2970

2950

2930

3015

3035

3055

Top 5 Gainers

Scrip Name1

DBS

ComfortDelGro

Capitaland

Noble Grp

Wilmar

0.42

0.26

0

0

-0.32

CMP %change

16.54

1.94

2.76

0.95

3.11

Top 5 Losers

Scrip Name1

JSH 500US$

Genting SP

HKLand US$

CapMallsAsia

JMH 400US$

-3.63

-2.9

-2.66

-2.56

-2.3

CMP %change

31.32

1.34

5.86

1.715

52.35

Market Review:

Singapore shares continue the down trend and traded below 3000 mark and

closed well below this level

Market forecast: STI opened with gap down @ and crossed its major support level and took support multiple

support zone of 2989-2985 mark and closed near to day low with loss of 1.20%.

STI crossed its 3000 mark and traded below this level whole day and closed @ 2990 mark

just near to day low, for this bearish move STI made a candlestick pattern called long black

line; this is a single and highly bearish candle.

As STI crossed its 3020 mark so we expect more down side movement in STI and it can

touch 2950-2920.

Support:

STI having immediate support @ 2970 level and below this level it can take

support @2950-2930 will be the support zone for STI.

Resistance:

STI having immediate Resistance @3015 and above this level it may take

resistance @ 3035-3055.

Technical indicators:

Technical indicators MACD, RSI and CCI are turning.

1

G l o b a l R e s e a r c h L i m i t e d

www.capitalvia.com.sg

Page 3: Singapore SGX: Technical Report on STI 04th Feb 2014

2

G l o b a l R e s e a r c h L i m i t e d

www.capitalvia.com.sg

Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective. The

information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch for the

accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred

based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.

The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with

all estimates and forecasts, can change without notice. We does not purport to be an invitation or anoffer to buy or sell any financial

instrument. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.

Technical view on STI

Corporate Action & Result Calendar as on 04th February 2014

Disclaimer