Friday, 17 Feb 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.88 ) : Stop loss 2.80
Description
Resistance : 3.20
Support : 2.80
RSI of 74
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Down
Comment
While the recent upmove is targeting 3.20, a tight stop loss should be placed at 2.80
Trading Strategy
Buy. Stop loss is at 2.80

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.