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, January 13, 2008

Sky Petrol 110108

As discussed on 7 jan, Sky Petrol failed to maintain above the 0.460 level. It is now trading below many trendlines.

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The close @ 0.395 could be a good support as it was from this level which Sky Petrol broke up on 9 oct.

For monday :

Support @ 0.388-0.390 (middle red dashed, upper orange), 0.3746 (lower orange), 0.3711 (lower red dashed)

Resistance @ 0.406 (upper red dashed), 0.410 (lower pink), 0.4246 (upper pink)

Good Luck !!

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