STI - Mid day - Neutral position
As yesterday, a shoot up was sighted at 9:10 am topped2252. Similarly, the gain was gradually reduced and stopped mid-day at 2238, a 15.70 gain . At noon, chart looks good with MACD envelope slopping up , RSI and William R% still inclining to a healthy end. Afternoon trading should be bullish, barring any bad news forthcoming. Whether the gain can be sustained is still anybody's guess now!!.
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