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Friday, March 26, 2010

INDF.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

4150

0% @ 4225

4675

SMA 15 @ 3921

Upper @ 4203

3875

38.2% @ 3900

4450

SMA 25 @ 3882

Middle @ 3911

3575

50% @ 3800

4300

SMA 50 @ 3764

Lower @ 3619

3250

61.8% @ 3699

4075 (Pivot)

-

-

3025

100% @ 3375

3925

-

-

2800

-

3700

-

-

-

-

3550

-

-


Recommended Actions:

  • Buy @ 3875 (support line, SMA 25, and trendline support).
  • Average Buy @ 3575 (support line, and pivot support).
  • 1st Sell Target @ 4150 (resistance line and upper Bollinger band).
  • 2nd Sell Target @ 4300 (pivot resistance).
  • Stop loss (or simply wait) if the price goes below 3250.

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