Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Sunday, December 30, 2007

China Sky 281207

China Sky initially opened below the 3 uptrend lines (green) and even touched the long term support @ 2.05 (upper blue). However, it managed to close above the uptrend support (lower green).

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We may see China Sky testing the psychological support @ 2.22 (dot dashed) soon.

For Monday :

Support @ 2.20 (lower green), 2.057 (purple and blue converge)
Resistance @ 2.22, 2.266 (middle green), 2.312 (upper green)

Good Luck !!
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