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.

Tuesday, December 25, 2007

Olam 241207

After running up for 3 days, it is understandable the Olam lost a little bit of steam. It opened right on the uptrend support @ 2.88 (light blue).

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Olam looks to be trading within the upper 2 red trendlines for the next few days.

For wed :

Support @ 2.77 (middle red), 2.61 (lower red)
Resistance @ 2.86 (upper red), 3.01 (lower light blue)

Good Luck !!

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