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.

Wednesday, January 9, 2008

China Sky 090108

If China Sky breaks the uptrend support (lower blue) tomorrow, we may see it slipping into downtrend channel (red dashed). Anyway, China Sky is already in the bigger downtrend channel.

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If it holds along the uptrend support (lower blue), there is a chance it may reverse the downtrend.

For tomorrow :

Support @ 1.87 (lower blue, upper red dashed), 1.809 (lower red dashed)
Resistance @ 1,971 (lower blue dashed), 1.979 (upper red), 2.00 (upper blue)

Good Luck !!
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