Thursday, 10 April 2014

Daily Technical Analysis Report For Singapore & Malysia

STI Day Performance
Open - 3197.97      High 3209.83       Low 3186.87          Close 3203.58
Change(Points) -6.34 %           Change -0.20                    Volume 1944.5M
Rise 206            all 219                Unch 644
Market Review for STI:
Gap down opening with 12 points made by STI in today’s session. Where STI opened at 3197.97 and took a up move, made a high of 3209.83. Later closed at 3203.58. A Green candle was formed for the day.
Market forecast for STI:
A Green Spinning Top candle was formed for the day with a short real body and the long upper and lower shadow. STI is now performing well as it is able to maintain itself above the support level of 3200 from few days but still its very near to the break down level. As 20 days EMA is @3164
STRAITS TIME LEVELS
Support 1
3193
Support 2
3180
Support 3
3165
Resistance 1
3213
Resistance 2
3225
Resistance 3
3240
Technical indicators:
RSI @63.98 is about to move in overbought level. Where CCI is @ 65.77
Important Factor for today:-
  • Ezra EOC Report that there was a sharp increase in profit of US $44 Million in Q2 for FY 2014
  • SPH REIT income distributed to unit holders was $34.9million for the Q2FY2014
  • China Merchants Property Development made RMB 3.539 billion by realized contract signing sales area of 219700 square meters.
  • Noble is about to sell 51% of agribusiness to Cofco.
Top Looser
Top Gainer
Scrip Name
CMP
%change
Scrip Name
CMP
%change
OCBC Bk
9.68
-0.31
HPH Trust US$
0.66
3.1
SGX
6.92
-0.57
CapMallsAsia
1.80
2.56
Wilmar
3.46
-0.57
CITYDEV
10.32
1.98
Capitaland
2.95
-1.01
Olam
2.24
1.36
CapitaMall
1.96
-1.01
Kep Corp
11.12
1.09
 
KLCI Day Performance
Open 1859.49           High 1860.28               Low 1855.56            Close 1859.52
Change(Points) 3.77            % Change 0.20                Volume 2079.6M
Rise 546                        Fall 307                    Unch 1280
KLCI LEVELS
Support 1
1853
Support 2
1845
Support 3
1835
Resistance 1
1866
Resistance 2
1874
Market Review for KLCI:
  KLCI performed in a very tight range today, as the overall movement took by KLCI was almost 5 points. As it opened at 1859.49 and made a low of 1855.56 further gave closing near to high at 1859.52.
Market forecast for KLCI:
Green Doji candle was formed for the day. Which also looks like a Cross. Here the open and close for the day is almost same and the upper shadow is shorter than the lower shadow of the day.
Technical indicators:
RSI is above the centre line @63.84 else CCI is @87.44
Top Gainers
Top Looser
Scrip Name
CMP
%change
Scrip Name
CMP
%change
FGV
4.66
2.64
PETDAG
30.48
-0.07
IOIPG
2.79
2.57
PETGAS
23.98
-0.08
BAT
61.42
1.76
PCHEM
6.79
-0.29
ASTRO
3.34
1.21
RHBCAP
8.41
-0.35
GENM
4.29
1.18
IOICORP
4.86
-0.41

0 comments :

Post a Comment