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.

Friday, January 25, 2008

Sky Petrol 250108

Sky Petrol managed to trade above the 2 support trendlines (blue - - and light blue - -) today. I've also added a short term uptrend channel (blue).

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If Sky Petrol can maintain its uptrend momentum, we might see it trying to break above the downtrend channel (pink - -) on 29 jan.

For monday :

Support @ 0.3405 (low pink - -), 0.335 (blue - -), 0.320 (low blue)
Resistance @ 0.3655 (upp blue), 0.3746 (upp pink - -), 0.4095 (low red)

Good Luck !!
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