MidDay (20240829) - DBS
Volume 0.95M traded as noontime. Opens at 3590, same as previous day's close before retracting to 3566 at noontime. (it has hit a high and low at 3599 and 3553 at one time, respectively).
Anticipated it might be retesting 3598 // 3602 levels again at a later time.
Today market sentiment for bank stocks is pretty weak, when coupled with lower than average volume.
Next Fed Meeting scheduled to happen on our 18 September. Anticipated, there could be some knee jerk movements from now till then (even though there are indications that most of the thing has already factored in the price due to rate cut).
For long-term investment, there too have opportunities for entry when any of these prices really really dips to any attractive levels (especially for those who had 'missed' the boats on 5th and 6th August, this could be another boat and ferry not to miss).
For long-term investment, there too have opportunities for entry when any of these prices really really dips to any attractive levels (especially for those who had 'missed' the boats on 5th and 6th August, this could be another boat and ferry not to miss).
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