- Trend - Side
- Momentum - Moderate upward
- Support - 3158 (Resistance turn Support)
- Resistance - 3200
- Volume - Average
- Candlestick - Gap Up
As mentioned in my last blog, STI will be trading near resistance and now, it had broken the 'symmetrical formation'. STI is also trading above the 200D MA, it is an important bullish psychological level. The US debt on 2 Aug - will determine the STI whether it can hit 3200 and the last historical high of 3,300.
Look out for the Daily "LIVE ChatBox Tips Signal" for Entry and Exit.
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