Technical Report on STI 05th Feb,2014

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SINGAPORE EXCHANGE 05th Feb,2014 Technical Report Global Research Limited www.capitalvia.com.sg

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Technical Report on STI 05th Feb, 2014

Transcript of Technical Report on STI 05th Feb,2014

Page 1: Technical Report on STI 05th Feb,2014

SINGAPORE

E X C H A N G E

05th 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: Technical Report on STI 05th Feb,2014

Technical Report

STI Day Performance

Open

High

Low

Change(Points)

% Change

Volume

Rise

Fall

Unch

Open

2954.88

2973.72

2953.01

2965.80

-25.1

-0.84%

1963.01M

101

294

389

STRAITS TIME LEVELS

Support 1

Support 2

Support 3

Resistance1

Resistance 2

Resistance 3

2950

2930

2910

2980

2995

3015

Top 5 Gainers

Scrip Name1

HKLand US$

Capitaland

CapitaMall

Genting SP

StarHub

4.1

0

0

0

0

CMP %change

6.1

2.76

1.845

1.34

4.18

Top 5 Losers

Scrip Name1

Jardine C&C

SIA Engg

THBEV

Noble Grp

ComfortDelGro

-2.53

-2.04

-1.85

-1.58

-1.55

CMP %change

33.5

4.81

0.53

0.935

1.91

Market Review:

Singapore shares continue the down trend and traded below 2980 mark and

closed well below this level

Market forecast: STI opened with huge gap down below its multiple support levels and traded lower. Made

day low @ 2953 and closed 2965 mark.

STI continuous making a falling window since last month, it made 4 falling windows in last 1

month and this pattern is continuous pattern and as it is in down trend so it formed with gap

down opening where previous days as low is well above today high, there is a area between

both days candle known as window.

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 @ 2950 level and below this level it can take

support @2930-2910 will be the support zone for STI.

Resistance:

STI having immediate Resistance @2980 and above this level it may take

resistance @ 2995-3015

Technical indicators:

Technical indicators MACD, RSI and CCI are trading down.

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Page 3: Technical Report on STI 05th Feb,2014

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

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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

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Technical view on STI

Corporate Action & Result Calendar as on 5th Feb 2014

Disclaimer

Company Name Type Expiry Date Record Date Date Paid/Payable Particulars

SING POST 3rd Quarter Results

CAPITARETAIL CHINA TRUST DIVIDEND 05 Feb 2014 07 Feb 2014 27 Mar 2014

1JUL-31DEC,DRP SGD 0.0249 TAX EXEMPT

CAPITARETAIL CHINA TRUST DIVIDEND 05 Feb 2014 07 Feb 2014 27 Mar 2014 1JUL-31DEC,DRP SGD 0.0184

Important Factor for today :