Thursday, 19 Jan 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.52 ) : Targeting 2.80
Description
Resistance : 2.57 2.80
Support : 2.42

RSI of 71
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Up

Comment
Currently it is capped at the Double top of 2.57, but it is expected to move higher to target 2.80
Trading Strategy
Buy. Stop loss is at 2.42


Disclaimer
This report is provided for information purposes only.