Technical Reports

STI

Report: 10th April,2014 G l o b a l R e s e a r c h L i m i t e d

Top Gainers

Scrip Name

CMP %change

GoldenAgr 0.61 3.39

JMH 400US$

62.5 2.27

CapitaMall 1.985 1.53

HKLand US$

6.62 1.53

JSH 500US$

35.53 0.79

Top Looser

Scrip Name

CMP %change

UOB 21.83 -0.14

SembMar 4.1 -0.24

SingTel 3.65 -0.27

Wilmar 3.48 -0.29

SGX 6.96 -0.43

STI Day Performance

Open

High

Low

Change(Points)

% Change

Volume

Rise

Fall

Unch

3205.10

3215.95

3203.38

5.83

0.18%

2173.5M

245

171

652

STI LEVELS

Support 1

Support 2

Support 3

Resistance1

Resistance 2

Resistance 3

3200

3188

3175

Close 3209.92

3220

3232

3245

Technical view on STI

Market Review for STI: STI opened at 3205.10, made a low of 3203.38 and continued the uptrend and

made a high of 3215.95 later closed at 3209.92. STI formed a green candle for

the day and made the formation of Inverted Hammer today.

Market forecast for STI: As green candle was formed yesterday with a long real body and a short upper

shadow and today the Inverted Hammer pattern was formed as the

combination of these two candle forms the Shooting Star Pattern.

Technical indicators:

RSI @66.12 is about to move in overbought level. Where CCI is @84.45,

Important Factor for today:

Announcement from the AusGroup that it intends to work with Ezion Holdings

to expand its onshore & offshore marine services in Australia.

0.2 % up in resale price of non-landed private homes in march.

OCBC has price US$1 Billion fixed rate subordinated notes under

US$10Billion Global Medium Term Note Programme. Notes are priced at

99.40%

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