Intraday look – 29th May 2009

Went into Indoagri today. This has potentially a lot of upside, up till 1.66 gap resistance.  Cut loss I’ll be using around the 1.24 level. 20MA should be heading up to add onto support there too.

SIA was interesting but I did not managed to get my queue done. It has since flown away. Oh well. But I have quite a lot of STI call warrants so I will not chase individual stock, the same way I decided not to chase CityDev (it is hitting my first TP at 9.8).

Swiber is also strong ,but has since been halted. What’s up?