STI Report- Helping Hands On Your Financial Needs

INDORE, India - Oct. 4, 2018 - PRLog -- Overview:
STI, Straits Times Index is took a good recovery from 3199 when prices closed on 21st of sep taking for the week 28th Sep prices closed at 3257 which is 58 points added to the previous close. Breaking down to the sector, industrial sector was the only sector which gave the biggest advance no which is 8 and the decline was 2. On other hand Real Estate was the most positive sector.

Forecasting:
We are positive on charts where the initial resistance comes at 3296 and 3350 so buying on dips would be a better option than to wait for a good time to enter in market. This upside can be continued to 3300 handle. Overall we got 204 gainers and 141 losers.

Support & Resistance: On lower side we expect 3220 and 3175 as a major support, which if broken will bring change to the trend and can continue to hit 3120. Opposite to it major resistance comes at 3295 and the next resistance comes at 3350.

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