IndoAgri

IndoAgri has shown one of the high powered setups with price closed at 2.12 {above CL (confirmation level) at 2.10} on yesterday.

This morning, it continues to move up and currently trading at 2.24/2.25.

Most shipping and oil related stocks have moved up as well.

As the year end is reaching, this is likely the year end window dressing. Usually during this period of time, companies or funds will try to push up the price so as to make their financial reports look better.