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, December 4, 2008

Indofood Agri 041208

Indofood Agri failed to break the 0.470 resistance (green --) after testing for the third time today. Indofood Agri even closed at its opening price, forming a Gravestone Doji.

Since Indofood Agri has been on the uptrend since 26 nov, we could see some pulling back if it fails to hold onto its 0.445 support (blue --).

Photobucket
For tomorrow :

Support @ 0.445 (low blue, blue --), 0.430 (low red, red ...), 0.420 (pink --), 0.410 (red --)
Resistance @ 0.460 (upp pink, green ...), 0.465 (upp red), 0.470 (green --), 0.480 (upp blue)
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)