Following up from previous SELL call made just a few days back on Monday 12 Aug 2013. Indo Agri has tested the 0.800 psychological support level faster than expected. Low today is seen at 0.79. As mentioned previously, can consider holding CFD SHORT positions to ride any downside still unless it proves otherwise. Can probably see it go down to 0.74 to 0.76 region before consolidating again. As long as 0.800 stays as a new resistance level, still bearish in the near term.
Buy Stop lower now at 0.815
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