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.

Thursday, January 31, 2008

BakerTech 310108

BakerTech traded below the short term uptrend support (green) today. Volume is getting thinner and thinner, which could indicate selling pressure is getting lesser.

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We may continue to see BakerTech trading within the downtrend channels (red --, pink) for the time being.

For tomorrow :

Support @ 0.263 (low red --), 0.258 (low red), 0.2503 (low pink)
Resistance @ 0.271 (mid pink), 0.2746 (upp red --), 0.2777 (upp pink), 0.281 (green, upp red)

Good Luck !!
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