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, January 1, 2008

Cosco 311207

Cosco looks to be another counter that won't be going up in the near future.

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As you can see from the chart, Cosco still looks to be trading within the downtrend channel (orange).

For Wed :

Support @ 5.5509 (lower orange), 5.00 (red dotted)

Resistance @ 5.7207 (upper orange), 6.1462 (green), 6.3407 (lower blue)

Good Luck !!
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